Avalon (NYSE:AWX) Research Coverage Started at StockNews.com

StockNews.com started coverage on shares of Avalon (NYSE:AWX) in a research report issued on Friday. The brokerage set a “hold” rating on the stock.

Avalon Price Performance

NYSE:AWX opened at $2.23 on Friday. Avalon has a 52-week low of $1.76 and a 52-week high of $2.85. The company has a market cap of $8.70 million, a P/E ratio of -4.96 and a beta of 0.82. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.69 and a current ratio of 0.78. The stock’s 50-day simple moving average is $2.29 and its 200 day simple moving average is $2.15.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Avalon stock. Wittenberg Investment Management Inc. raised its holdings in Avalon Holdings Co. (NYSE:AWX) by 27.9% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 37,411 shares of the company’s stock after buying an additional 8,153 shares during the period. Wittenberg Investment Management Inc. owned about 0.96% of Avalon worth $73,000 at the end of the most recent quarter. Institutional investors own 34.44% of the company’s stock.

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; and captive landfill management services, as well as engages in the salt water injection well operations.