Avalon (NYSE:AWX) Shares Up 0.4% – Time to Buy?
by Teresa Graham · The Cerbat GemShares of Avalon Holdings Co. (NYSE:AWX – Get Free Report) traded up 0.4% on Thursday . The stock traded as high as $2.62 and last traded at $2.60. 2,345 shares traded hands during mid-day trading, a decline of 56% from the average session volume of 5,325 shares. The stock had previously closed at $2.59.
Avalon Stock Performance
The stock has a market cap of $10.14 million, a PE ratio of 10.40 and a beta of 0.69. The company has a quick ratio of 0.88, a current ratio of 0.97 and a debt-to-equity ratio of 0.87. The firm has a 50 day moving average price of $2.62 and a 200 day moving average price of $2.67.
Hedge Funds Weigh In On Avalon
An institutional investor recently bought a new position in Avalon stock. DRW Securities LLC purchased a new position in Avalon Holdings Co. (NYSE:AWX – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 20,811 shares of the company’s stock, valued at approximately $56,000. DRW Securities LLC owned approximately 0.53% of Avalon at the end of the most recent quarter. 34.44% of the stock is currently owned by institutional investors.
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. This segment also engages in the salt water injection well operations; and sale of construction mats.