Avalon (NYSE:AWX) Now Covered by StockNews.com

StockNews.com assumed coverage on shares of Avalon (NYSE:AWX) in a research note released on Friday morning. The brokerage issued a hold rating on the stock.

Avalon Stock Performance

Shares of NYSE AWX traded up $0.03 during mid-day trading on Friday, hitting $2.60. The company had a trading volume of 9,902 shares, compared to its average volume of 4,782. The stock has a market cap of $10.14 million, a price-to-earnings ratio of 260.00 and a beta of 0.80. Avalon has a 12 month low of $1.90 and a 12 month high of $2.75. 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 firm’s 50 day simple moving average is $2.60 and its two-hundred day simple moving average is $2.39.

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

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.