Avalon (NYSE:AWX) Coverage Initiated by Analysts at StockNews.com

StockNews.com initiated coverage on shares of Avalon (NYSE:AWX) in a research note issued to investors on Wednesday morning. The firm issued a hold rating on the stock.

Avalon Stock Down 0.6 %

Shares of NYSE AWX opened at $2.57 on Wednesday. Avalon has a 1 year low of $1.76 and a 1 year high of $2.69. The company has a market capitalization of $10.00 million, a price-to-earnings ratio of -9.50 and a beta of 0.82. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.80 and a quick ratio of 0.71. The business has a 50-day moving average of $2.29 and a two-hundred day moving average of $2.29.

Avalon (NYSE:AWX) last announced its quarterly earnings results on Thursday, August 8th. The company reported $0.24 EPS for the quarter. Avalon had a negative net margin of 1.33% and a negative return on equity of 2.99%. The firm had revenue of $23.06 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.