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Last $1.93 USD
Change Today +0.09 / 4.89%
Volume 5.9K
AWX On Other Exchanges
As of 8:04 PM 10/5/15 All times are local (Market data is delayed by at least 15 minutes).

avalon holdings corp-a (AWX) Snapshot

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52 Week High
10/6/14 - $3.90
52 Week Low
09/15/15 - $1.62
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Average Volume 10 Days
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Current Stock Chart for AVALON HOLDINGS CORP-A (AWX)

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avalon holdings corp-a (AWX) Details

Avalon Holdings Corporation provides waste management services to industrial, commercial, municipal, and governmental customers in the United States. The company operates through Waste Management Services, and Golf and Related Operations segments. The Waste Management Services segment provides hazardous and nonhazardous waste disposal brokerage and management; and captive landfill management services, as well as is involved in salt water injection well operations. This segment also offers turnkey services, including daily operations, facilities management, and management reporting; and sells construction mats. The Golf and Related Operations segment owns and operates golf courses and related facilities, clubhouses, a hotel and travel agency, dining and banquet facilities, a swimming pool, and a fitness center; and offers spa services. Avalon Holdings Corporation was founded in 1998 and is headquartered in Warren, Ohio.

379 Employees
Last Reported Date: 03/12/15
Founded in 1998

avalon holdings corp-a (AWX) Top Compensated Officers

Chairman of the Board, Chief Executive Office...
Total Annual Compensation: $270.0K
Chief Financial Officer and Treasurer
Total Annual Compensation: $12.5K
Chief Executive Officer of American Waste Man...
Total Annual Compensation: $377.1K
Secretary, Director of Corporate Financial Se...
Total Annual Compensation: $202.1K
Compensation as of Fiscal Year 2014.

avalon holdings corp-a (AWX) Key Developments

Avalon Holdings Corporation Announces Auditor Changes

On July 7, 2015, the audit committee of the board of directors of Avalon Holdings Corporation notified Grant Thornton LLP that it was dismissing Grant as its independent registered public accounting firm effective immediately. On July 7, 2015, the audit committee of the board of directors of the company approved to engage BDO USA, LLP as the company’s independent registered public accountant effective upon client acceptance.

Avalon Holdings Corporation Enters into Credit Agreement with Home Savings and Loan Company of Youngstown

On May 21, 2015 Avalon Holdings Corporation and certain wholly owned subsidiaries entered into a line of credit agreement with The Home Savings and Loan Company of Youngstown, Ohio expiring on June 30, 2016. The Agreement provides for a line of credit of up to $9 million. Borrowings under the line of credit agreement are secured by all business assets of the Company including accounts receivable, inventory, equipment and certain real property as defined in the Agreement. Interest on outstanding borrowings accrue at Prime Rate plus 0.25%. The line of credit agreement contains certain financial and other covenants, customary representations, warranties and events of defaults. Borrowings of $5.0 million under the Agreement were utilized to repay the total amount outstanding under the line of credit agreement with The Huntington National Bank. The line of credit agreement with Huntington National Bank was terminated in conjunction with the repayment. Revolving Line of Credit Note, dated as of May 21, 2015 between the company and certain wholly owned subsidiaries as borrowers and The Home Savings and Loan Company of Youngstown, Ohio as lender.

Avalon Holdings Corp. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Avalon Holdings Corp. announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. Net operating revenues in the first quarter of 2015 were $10.7 million compared with $10.0 million in the first quarter of 2014.  The company incurred a net loss of $1.0 million, or $0.27 per basic and diluted share in the first quarter of 2014 compared to a net loss of $0.7 million, or $0.18 per basic and diluted share in the first quarter of 2014. Operating loss was $1,279,000 compared to $759,000 a year ago. Loss before income taxes was $1,212,000 compared to $692,000 a year ago.


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