Avalon (NYSE:AWX) Trading 4.3% Higher – Still a Buy?

Avalon Holdings Co. (NYSE:AWXGet Free Report)’s share price rose 4.3% during mid-day trading on Wednesday . The company traded as high as $3.00 and last traded at $2.91. Approximately 63,057 shares changed hands during mid-day trading, a decline of 28% from the average daily volume of 87,665 shares. The stock had previously closed at $2.79.

Avalon Stock Up 4.3%

The firm’s fifty day simple moving average is $2.67 and its 200 day simple moving average is $2.56. The company has a current ratio of 0.97, a quick ratio of 0.88 and a debt-to-equity ratio of 0.87. The company has a market cap of $11.35 million, a price-to-earnings ratio of 11.64 and a beta of 0.82.

About Avalon

(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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