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

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

Avalon Trading Up 7.1 %

Avalon stock opened at $3.46 on Wednesday. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.97 and a quick ratio of 0.88. The firm has a 50-day moving average of $3.46 and a 200-day moving average of $2.95. The company has a market cap of $13.49 million, a price-to-earnings ratio of 13.84 and a beta of 0.83. Avalon has a one year low of $2.00 and a one year high of $3.99.

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.