Avalon (NYSE:AWX) Receives New Coverage from Analysts at StockNews.com

Stock analysts at StockNews.com assumed coverage on shares of Avalon (NYSE:AWX) in a report issued on Sunday. The brokerage set a “hold” rating on the stock.

Avalon Trading Up 2.7 %

Shares of Avalon stock opened at $2.27 on Friday. Avalon has a fifty-two week low of $1.76 and a fifty-two week high of $2.84. The business’s fifty day moving average is $2.30 and its two-hundred day moving average is $2.17. The company has a quick ratio of 0.69, a current ratio of 0.78 and a debt-to-equity ratio of 0.91. The firm has a market cap of $8.85 million, a PE ratio of -5.04 and a beta of 0.80.

Avalon (NYSE:AWX) last released its earnings results on Thursday, March 21st. The company reported ($0.21) EPS for the quarter. Avalon had a negative net margin of 2.20% and a negative return on equity of 4.88%. The business had revenue of $17.62 million during the quarter.

Institutional Investors Weigh In On Avalon

An institutional investor recently bought a new position in Avalon stock. Vanguard Group Inc. purchased a new stake in shares of Avalon Holdings Co. (NYSE:AWX) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 15,500 shares of the company’s stock, valued at approximately $37,000. Vanguard Group Inc. owned 0.40% of Avalon at the end of the most recent quarter. Hedge funds and other institutional investors own 34.44% of the company’s stock.

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.