StockNews.com Initiates Coverage on Avalon (NYSE:AWX)

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

Avalon Stock Performance

AWX opened at $3.73 on Friday. The company has a fifty day moving average of $3.28 and a 200 day moving average of $2.74. Avalon has a fifty-two week low of $2.00 and a fifty-two week high of $3.99. The stock has a market capitalization of $14.54 million, a price-to-earnings ratio of 14.92 and a beta of 0.84. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.88 and a current ratio of 0.97.

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.