Avalon (NYSE:AWX) Coverage Initiated at StockNews.com

Equities researchers at StockNews.com assumed coverage on shares of Avalon (NYSE:AWX) in a research note issued to investors on Thursday. The firm set a “hold” rating on the stock.

Avalon Stock Down 0.8 %

Shares of AWX stock opened at $2.58 on Thursday. Avalon has a 12-month low of $1.76 and a 12-month high of $2.69. The company has a quick ratio of 0.78, a current ratio of 0.86 and a debt-to-equity ratio of 0.91. The firm has a fifty day moving average of $2.33 and a 200-day moving average of $2.30. The company has a market capitalization of $10.06 million, a price-to-earnings ratio of -9.48 and a beta of 0.82.

Avalon (NYSE:AWX) last announced its earnings results on Thursday, August 8th. The company reported $0.24 earnings per share for the quarter. Avalon had a net margin of 0.03% and a return on equity of 0.08%. The firm had revenue of $23.06 million during the quarter.

About Avalon

Avalon Holdings Corporation provides waste management services to industrial, commercial, municipal, and governmental customers in the United States. It operates in Waste Management Services, and Golf and Related Operations segments. The Waste Management Services segment offers hazardous and nonhazardous waste disposal brokerage and management services; captive landfill management services; and turnkey services, including daily operations, facilities management, and management reporting.