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

StockNews.com started coverage on shares of Avalon (NYSE:AWX) in a report published on Friday morning. The brokerage issued a hold rating on the stock.

Avalon Stock Performance

Avalon stock opened at $3.21 on Friday. Avalon has a 1-year low of $1.90 and a 1-year high of $3.23. The company has a current ratio of 0.86, a quick ratio of 0.78 and a debt-to-equity ratio of 0.91. The firm has a market capitalization of $12.52 million, a PE ratio of 10.40 and a beta of 0.80. The firm’s 50 day simple moving average is $2.60 and its 200 day simple moving average is $2.39.

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.