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

StockNews.com assumed coverage on shares of Avalon (NYSE:AWX) in a research note issued to investors on Saturday morning. The brokerage issued a hold rating on the stock.

Avalon Price Performance

Avalon stock opened at $3.30 on Friday. The business’s 50-day simple moving average is $2.66 and its 200 day simple moving average is $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 cap of $12.87 million, a price-to-earnings ratio of 13.20 and a beta of 0.80. Avalon has a 12-month low of $1.90 and a 12-month high of $3.36.

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.