Art’s-Way Manufacturing (NASDAQ:ARTW) Earns Hold Rating from Analysts at StockNews.com

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

Art’s-Way Manufacturing Stock Down 1.0 %

NASDAQ ARTW opened at $1.94 on Wednesday. The stock has a fifty day moving average of $2.03 and a 200-day moving average of $2.05. The stock has a market capitalization of $9.84 million, a P/E ratio of 9.85 and a beta of 0.39. Art’s-Way Manufacturing has a 52 week low of $1.85 and a 52 week high of $2.90. 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 (NASDAQ:ARTW) last released its earnings results on Tuesday, April 9th. The industrial products company reported ($0.09) EPS for the quarter. Art’s-Way Manufacturing had a negative net margin of 0.64% and a negative return on equity of 0.09%. The firm had revenue of $5.72 million during 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.