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

StockNews.com initiated coverage on shares of Avalon (NYSE:AWX) in a report published on Thursday. The firm issued a hold rating on the stock.

Avalon Stock Performance

Shares of Avalon stock opened at $2.61 on Thursday. Avalon has a twelve month low of $1.90 and a twelve month high of $2.75. The company has a quick ratio of 0.78, a current ratio of 0.86 and a debt-to-equity ratio of 0.91. The business has a 50-day moving average price of $2.59 and a 200-day moving average price of $2.38. The firm has a market cap of $10.18 million, a price-to-earnings ratio of 261.00 and a beta of 0.80.

Avalon (NYSE:AWX) last released its quarterly earnings results on Thursday, August 8th. The company reported $0.24 earnings per share for the quarter. The business had revenue of $23.06 million during the quarter. Avalon had a return on equity of 0.08% and a net margin of 0.03%.

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.