StockNews.com Begins Coverage on Art’s-Way Manufacturing (NASDAQ:ARTW)

StockNews.com initiated coverage on shares of Art’s-Way Manufacturing (NASDAQ:ARTW) in a report released on Wednesday morning. The brokerage issued a hold rating on the industrial products company’s stock.

Art’s-Way Manufacturing Stock Performance

Shares of ARTW stock opened at $1.97 on Wednesday. The firm has a market cap of $9.98 million, a price-to-earnings ratio of 9.75 and a beta of 0.39. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.38 and a current ratio of 1.51. Art’s-Way Manufacturing has a 52 week low of $1.85 and a 52 week high of $2.94. The firm’s 50-day simple moving average is $2.04 and its two-hundred day simple moving average is $2.05.

Art’s-Way Manufacturing (NASDAQ:ARTW) last announced its quarterly earnings data on Tuesday, April 9th. The industrial products company reported ($0.09) EPS for the quarter. The company had revenue of $5.72 million during the quarter. Art’s-Way Manufacturing had a negative return on equity of 0.09% and a negative net margin of 0.64%.

About Art’s-Way Manufacturing

Art's-Way Manufacturing Co, Inc manufactures and sells agricultural equipment, specialized modular science and agricultural buildings in the United States and internationally. The company operates through Agricultural Products and Modular Buildings. The Agricultural Products segment offers various specialized farm machinery, including portable and stationary animal feed processing equipment and related attachments; hay and forage equipment, such as forage boxes, bale processors, running gears, and dump boxes; manure spreaders; sugar beet harvesting equipment; dirt work equipment; and after-market service parts.