Avalon (NYSE:AWX) Stock Price Up 2.8% – What’s Next?

Avalon Holdings Co. (NYSE:AWX) shares rose 2.8% on Monday . The stock traded as high as $2.74 and last traded at $2.5810. Approximately 129,674 shares traded hands during mid-day trading, an increase of 1,836% from the average daily volume of 6,697 shares. The stock had previously closed at $2.51.

Avalon Stock Performance

The firm’s 50-day simple moving average is $2.56 and its two-hundred day simple moving average is $2.63. 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 has a market cap of $9.90 million, a PE ratio of 10.16 and a beta of 0.63.

Institutional Inflows and Outflows

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