Avalon (NYSE:AWX) Coverage Initiated at StockNews.com

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

Avalon Stock Performance

NYSE:AWX opened at $3.23 on Monday. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.88 and a current ratio of 0.97. The stock has a market capitalization of $12.60 million, a P/E ratio of 12.92 and a beta of 0.88. Avalon has a fifty-two week low of $2.00 and a fifty-two week high of $3.38. The company has a 50 day moving average price of $2.83 and a 200 day moving average price of $2.51.

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.