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

by · The Cerbat Gem

Research analysts at StockNews.com initiated coverage on shares of Avalon (NYSE:AWX – Get Free Report) in a note issued to investors on Sunday. The brokerage set a “hold” rating on the stock.

Avalon Stock Performance

Shares of AWX opened at $2.55 on Friday. The company has a quick ratio of 0.78, a current ratio of 0.86 and a debt-to-equity ratio of 0.91. Avalon has a 12-month low of $1.76 and a 12-month high of $2.69. The firm has a market capitalization of $9.94 million, a PE ratio of -9.44 and a beta of 0.81. The stock’s fifty day simple moving average is $2.44 and its 200-day simple moving average is $2.32.

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

Avalon Company Profile

(Get Free Report)

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.

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