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 brokerage set a “hold” rating on the industrial products company’s stock.

Art’s-Way Manufacturing Price Performance

Shares of NASDAQ:ARTW opened at $1.53 on Thursday. The company’s fifty day moving average is $1.79 and its two-hundred day moving average is $1.97. 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 1-year low of $1.33 and a 1-year high of $2.90. The stock has a market capitalization of $7.76 million, a price-to-earnings ratio of 7.65 and a beta of 0.37.

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 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 company 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.