Art’s-Way Manufacturing (NASDAQ:ARTW) Receives New Coverage from Analysts at StockNews.com

Stock analysts at StockNews.com started coverage on shares of Art’s-Way Manufacturing (NASDAQ:ARTW) in a research note issued to investors on Thursday. The firm set a “hold” rating on the industrial products company’s stock.

Art’s-Way Manufacturing Price Performance

ARTW stock remained flat at $1.89 during trading on Thursday. The company had a trading volume of 3,196 shares, compared to its average volume of 9,560. Art’s-Way Manufacturing has a 52 week low of $1.83 and a 52 week high of $2.90. The firm has a market capitalization of $9.58 million, a P/E ratio of 9.45 and a beta of 0.42. The stock’s 50-day moving average is $2.01 and its 200-day moving average is $2.04. The company has a current ratio of 1.51, a quick ratio of 0.38 and a debt-to-equity ratio of 0.29.

Art’s-Way Manufacturing (NASDAQ:ARTW) last released its quarterly 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 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.