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

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

Art’s-Way Manufacturing Stock Performance

Shares of ARTW opened at $1.70 on Monday. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.55 and a quick ratio of 0.37. The firm has a market cap of $8.55 million, a PE ratio of 8.22 and a beta of 0.40. Art’s-Way Manufacturing has a 1 year low of $1.33 and a 1 year high of $2.37. The stock’s fifty day moving average price is $1.71 and its two-hundred day moving average price is $1.69.

Hedge Funds Weigh In On Art’s-Way Manufacturing

An institutional investor recently bought a new position in Art’s-Way Manufacturing stock. Jane Street Group LLC acquired a new position in Art’s-Way Manufacturing Co., Inc. (NASDAQ:ARTW) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 14,430 shares of the industrial products company’s stock, valued at approximately $27,000. Jane Street Group LLC owned 0.29% of Art’s-Way Manufacturing at the end of the most recent quarter. Institutional investors own 2.91% of the company’s stock.

Art’s-Way Manufacturing Company Profile

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.