Art’s-Way Manufacturing (NASDAQ:ARTW) Now Covered by Analysts at StockNews.com

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

Art’s-Way Manufacturing Stock Down 2.4 %

NASDAQ:ARTW opened at $1.60 on Wednesday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.51 and a quick ratio of 0.38. The firm’s 50-day moving average price is $1.83 and its 200-day moving average price is $1.98. The company has a market capitalization of $8.11 million, a PE ratio of 8.20 and a beta of 0.37. Art’s-Way Manufacturing has a 1-year low of $1.60 and a 1-year high of $2.90.

Art’s-Way Manufacturing (NASDAQ:ARTW) last announced its quarterly earnings data on Tuesday, April 9th. The industrial products company reported ($0.09) earnings per share 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 business 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.