Art’s-Way Manufacturing Co., Inc. (NASDAQ:ARTW) saw a large decrease in short interest in August. As of August 31st, there was short interest totalling 4,700 shares, a decrease of 21.7% from the August 15th total of 6,000 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average trading volume of 53,900 shares, the short-interest ratio is currently 0.1 days.
Shares of Art’s-Way Manufacturing stock opened at $3.29 on Tuesday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.47 and a quick ratio of 0.37. Art’s-Way Manufacturing has a 1 year low of $2.04 and a 1 year high of $5.48. The firm’s 50-day moving average is $3.51 and its two-hundred day moving average is $3.35. The stock has a market cap of $14.90 million, a price-to-earnings ratio of -12.65 and a beta of 0.39.
Art’s-Way Manufacturing (NASDAQ:ARTW) last released its quarterly earnings results on Monday, July 12th. The industrial products company reported $0.01 EPS for the quarter. The business had revenue of $5.71 million during the quarter. Art’s-Way Manufacturing had a negative net margin of 4.84% and a negative return on equity of 11.26%.
Art’s-Way Manufacturing Company Profile
Art’s-Way Manufacturing Co, Inc manufactures and distributes farm machinery niche products. It operates through the following segments: Agricultural Products, Modular Buildings and Tools. The Agricultural Products segment manufactures a variety of specialized farm machinery under its own label, including: portable and stationary animal feed processing equipment and related attachments used to mill and mix feed grains into custom animal feed rations; a crop production line that includes grain drill equipment; a line of hay and forage equipment consisting of forage boxes, blowers, running gear, dump boxes and mergers; stalk shredders; a line of portable grain augers; a line of manure spreaders; sugar beet harvesting equipment; a line of land maintenance equipment; moldboard plows, potato harvesters, and reels for combines and swathers.
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