Avalon (NYSE:AWX) Now Covered by Analysts at StockNews.com

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

Avalon Trading Up 0.5 %

Shares of AWX stock opened at $2.18 on Tuesday. Avalon has a fifty-two week low of $1.76 and a fifty-two week high of $2.72. The stock has a market capitalization of $8.50 million, a P/E ratio of -4.84 and a beta of 0.80. 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 stock has a 50-day simple moving average of $2.29 and a 200 day simple moving average of $2.19.

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

Institutional Inflows and Outflows

An institutional investor recently raised its position in Avalon stock. Wittenberg Investment Management Inc. increased its stake in shares of Avalon Holdings Co. (NYSE:AWX) by 27.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,411 shares of the company’s stock after buying an additional 8,153 shares during the quarter. Wittenberg Investment Management Inc. owned 0.96% of Avalon worth $73,000 at the end of the most recent reporting period. 34.44% of the stock is currently owned by institutional investors and hedge funds.

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.