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

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

Avalon Price Performance

Shares of Avalon stock opened at $3.30 on Thursday. The firm has a market cap of $12.87 million, a P/E ratio of 13.20 and a beta of 0.88. The firm’s 50-day simple moving average is $3.06 and its 200-day simple moving average is $2.63. Avalon has a twelve month low of $2.00 and a twelve month high of $3.74. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.88 and a current ratio of 0.97.

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.