Avalon (NYSE:AWX) Trading 1.4% Higher – What’s Next?

Shares of Avalon Holdings Co. (NYSE:AWX) traded up 1.4% during trading on Monday . The company traded as high as $2.52 and last traded at $2.48. 48,507 shares were traded during mid-day trading, an increase of 354% from the average session volume of 10,685 shares. The stock had previously closed at $2.45.

Analysts Set New Price Targets

Separately, Wall Street Zen began coverage on shares of Avalon in a research note on Monday, May 19th. They issued a “hold” rating on the stock.

Avalon Trading Up 1.4%

The firm has a market cap of $9.69 million, a price-to-earnings ratio of 9.94 and a beta of 0.72. The business’s 50 day moving average price is $2.51 and its 200-day moving average price is $3.04. 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.