Avalon (NYSE:AWX) Stock Price Down 0.2% – Time to Sell?

Avalon Holdings Co. (NYSE:AWX)’s share price dropped 0.2% on Tuesday . The company traded as low as $2.47 and last traded at $2.5150. Approximately 17,064 shares traded hands during mid-day trading, an increase of 163% from the average daily volume of 6,499 shares. The stock had previously closed at $2.52.

Avalon Stock Up 0.4%

The firm’s fifty day moving average is $2.54 and its 200 day moving average is $2.61. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.88 and a current ratio of 0.97. The firm has a market cap of $9.75 million, a P/E ratio of 10.00 and a beta of 0.63.

Institutional Investors Weigh In On Avalon

An institutional investor recently bought a new position in Avalon stock. DRW Securities LLC acquired a new stake in Avalon Holdings Co. (NYSE:AWX) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 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. Hedge funds and other institutional investors 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.