Avalon (NYSE:AWX) Stock Price Up 0.6% – Here’s Why

Avalon Holdings Co. (NYSE:AWX) shot up 0.6% during trading on Wednesday . The stock traded as high as $2.52 and last traded at $2.5050. 1,484 shares traded hands during trading, a decline of 76% from the average session volume of 6,275 shares. The stock had previously closed at $2.49.

Avalon Trading Up 0.6%

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 market capitalization of $9.77 million, a P/E ratio of 10.02 and a beta of 0.63. The firm’s 50-day simple moving average is $2.52 and its 200-day simple moving average is $2.59.

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 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 20,811 shares of the company’s stock, valued at approximately $56,000. DRW Securities LLC owned 0.53% of Avalon at the end of the most recent reporting period. Institutional investors and hedge funds 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.