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

Equities researchers at StockNews.com assumed coverage on shares of Avalon (NYSE:AWX) in a research note issued to investors on Wednesday. The brokerage set a “hold” rating on the stock.

Avalon Trading Down 3.6 %

Shares of NYSE AWX opened at $2.13 on Wednesday. The firm has a market capitalization of $8.31 million, a PE ratio of -7.89 and a beta of 0.82. Avalon has a one year low of $1.76 and a one year high of $2.66. The company has a current ratio of 0.80, a quick ratio of 0.71 and a debt-to-equity ratio of 0.94. The business has a 50-day moving average price of $2.24 and a two-hundred day moving average price of $2.27.

Avalon (NYSE:AWX) last announced its quarterly earnings data on Wednesday, May 8th. The company reported ($0.25) earnings per share (EPS) for the quarter. Avalon had a negative return on equity of 2.99% and a negative net margin of 1.33%. The firm had revenue of $18.86 million for the quarter.

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.