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

Equities researchers at StockNews.com initiated coverage on shares of Avalon (NYSE:AWX) in a report released on Saturday. The firm set a “hold” rating on the stock.

Avalon Stock Performance

Shares of NYSE:AWX opened at $3.30 on Friday. The firm has a fifty day simple moving average of $2.66 and a two-hundred day simple moving average of $2.43. The company has a quick ratio of 0.78, a current ratio of 0.97 and a debt-to-equity ratio of 0.87. The stock has a market capitalization of $12.87 million, a P/E ratio of 13.20 and a beta of 0.80. Avalon has a 52 week low of $1.90 and a 52 week high of $3.36.

Avalon Company Profile

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.