Avalon Holdings Corporation (AMEX:AWX) previous close was $4.10 while the outstanding shares total 3.88M. The firm has a beta of 1.24, a 12-month trailing P/E ratio of 1503.33. AWX’s shares traded higher over the last trading session, gaining 10.00% on 04/05/21. The shares fell to a low of $4.14 before closing at $4.51. Intraday shares traded counted 1.87 million, which was -977.9% lower than its 30-day average trading volume of 173.43K. The stock’s Relative Strength Index (RSI) is 65.84, with weekly volatility at 11.15% and ATR at 0.38. The AWX stock’s 52-week price range has touched low of $1.18 and a $5.25 high.
Investors have identified the Waste Management company Avalon Holdings Corporation as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $15.74 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Avalon Holdings Corporation (AWX) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For AWX, the company has in raw cash 4.21 million on their books with 1.59 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 15.26 million total, with 17.18 million as their total liabilities.
Is the stock of AWX attractive?
In related news, CHIEF FINANCIAL OFFICER, SAKSA BRYAN sold 24,000 shares of the company’s stock in a transaction that recorded on Dec 28. The sale was performed at an average price of 4.50, for a total value of 108,000. In the last 6 months, insiders have changed their ownership in shares of company stock by 29.77%.