Avalon (NYSE:AWX) Trading Up 2.8% – Should You Buy?

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

Avalon Stock Up 2.8%

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 business’s fifty day moving average price is $2.56 and its two-hundred day moving average price is $2.63. The stock has a market capitalization of $10.06 million, a PE ratio of 10.32 and a beta of 0.63.

Institutional Trading of Avalon

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

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.