Art’s-Way Manufacturing (NASDAQ:ARTW) Research Coverage Started at StockNews.com

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

Art’s-Way Manufacturing Stock Up 2.0 %

ARTW stock opened at $1.56 on Thursday. The firm’s fifty day simple moving average is $1.77 and its 200-day simple moving average is $1.96. The company has a market capitalization of $7.91 million, a P/E ratio of 7.65 and a beta of 0.37. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.51 and a quick ratio of 0.38. Art’s-Way Manufacturing has a 12 month low of $1.33 and a 12 month high of $2.90.

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

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.