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

Stock analysts at StockNews.com started coverage on shares of Avalon (NYSE:AWX) in a report released on Wednesday. The brokerage set a “hold” rating on the stock.

Avalon Trading Up 0.9 %

AWX opened at $3.20 on Wednesday. The company has a quick ratio of 0.88, a current ratio of 0.97 and a debt-to-equity ratio of 0.87. The stock has a market cap of $12.48 million, a PE ratio of 12.80 and a beta of 0.88. The company has a fifty day moving average of $2.99 and a 200-day moving average of $2.58. Avalon has a twelve month low of $2.00 and a twelve month high of $3.38.

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.