Avalon (NYSE:AWX) Shares Down 2% – What’s Next?

Shares of Avalon Holdings Co. (NYSE:AWX) dropped 2% during mid-day trading on Tuesday . The company traded as low as $2.44 and last traded at $2.44. Approximately 11,129 shares were traded during trading, a decline of 2% from the average daily volume of 11,394 shares. The stock had previously closed at $2.49.

Wall Street Analyst Weigh In

Separately, Wall Street Zen began coverage on Avalon in a report on Monday, May 19th. They set a “hold” rating on the stock.

Avalon Price Performance

The stock has a market cap of $9.51 million, a P/E ratio of 9.76 and a beta of 0.72. The company has a current ratio of 0.97, a quick ratio of 0.88 and a debt-to-equity ratio of 0.87. The company’s fifty day simple moving average is $2.48 and its 200-day simple moving average is $2.95.

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.