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

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

Avalon Stock Down 5.1 %

Shares of NYSE:AWX opened at $2.57 on Friday. Avalon has a one year low of $1.90 and a one year high of $2.75. The company has a 50 day moving average of $2.60 and a 200-day moving average of $2.39. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.86 and a quick ratio of 0.78. The stock has a market cap of $10.03 million, a price-to-earnings ratio of 257.16 and a beta of 0.80.

Avalon (NYSE:AWX) last issued its quarterly earnings results on Thursday, August 8th. The company reported $0.24 EPS for the quarter. Avalon had a net margin of 0.03% and a return on equity of 0.08%. The company 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.