Avalon (NYSE:AWX) Shares Up 0.8% – Here’s What Happened

Avalon Holdings Co. (NYSE:AWX) rose 0.8% on Thursday . The company traded as high as $2.60 and last traded at $2.53. Approximately 12,428 shares changed hands during trading, an increase of 100% from the average session volume of 6,228 shares. The stock had previously closed at $2.51.

Avalon Stock Up 0.8%

The company has a market capitalization of $9.86 million, a price-to-earnings ratio of 10.12 and a beta of 0.62. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.97 and a quick ratio of 0.88. The firm’s fifty day moving average price is $2.54 and its 200-day moving average price is $2.58.

Institutional Trading of Avalon

An institutional investor recently bought a new position in Avalon stock. DRW Securities LLC purchased a new position in shares of Avalon Holdings Co. (NYSE:AWX) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 20,811 shares of the company’s stock, valued at approximately $56,000. DRW Securities LLC owned about 0.53% of Avalon at the end of the most recent quarter. 34.44% of the stock is currently owned by institutional investors.

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.