Avalon (NYSE:AWX) Shares Up 0.4% – Still a Buy?

Shares of Avalon Holdings Co. (NYSE:AWX) shot up 0.4% during trading on Friday . The company traded as high as $2.52 and last traded at $2.49. 3,283 shares were traded during trading, a decline of 38% from the average session volume of 5,263 shares. The stock had previously closed at $2.48.

Avalon Stock Up 0.4%

The company has a market capitalization of $9.71 million, a PE ratio of 9.96 and a beta of 0.67. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.88 and a current ratio of 0.97. The stock’s 50 day moving average is $2.58 and its 200 day moving average is $2.67.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Avalon stock. DRW Securities LLC bought a new stake in shares of Avalon Holdings Co. (NYSE:AWX) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 20,811 shares of the company’s stock, valued at approximately $56,000. DRW Securities LLC owned approximately 0.53% of Avalon as of its most recent SEC filing. Institutional investors own 34.44% of the company’s stock.

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. This segment also engages in the salt water injection well operations; and sale of construction mats.