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

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

Avalon Trading Up 4.2 %

NYSE AWX opened at $3.19 on Friday. The company has a fifty day simple moving average of $3.39 and a two-hundred day simple moving average of $3.08. 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 stock has a market cap of $12.44 million, a P/E ratio of 12.76 and a beta of 0.86. Avalon has a 12-month low of $2.00 and a 12-month high of $3.99.

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.