Avalon (NYSE:AWX) Earns Hold Rating from Analysts at StockNews.com

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

Avalon Price Performance

Avalon stock opened at $2.57 on Tuesday. Avalon has a 52 week low of $1.76 and a 52 week high of $2.63. The business has a 50-day simple moving average of $2.24 and a 200 day simple moving average of $2.27. The company has a quick ratio of 0.71, a current ratio of 0.80 and a debt-to-equity ratio of 0.94. The stock has a market cap of $10.02 million, a price-to-earnings ratio of -9.52 and a beta of 0.82.

Avalon (NYSE:AWX) last posted its quarterly earnings data on Thursday, August 8th. The company reported $0.24 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 $23.06 million during the quarter.

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.