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

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

Art’s-Way Manufacturing Price Performance

Shares of ARTW stock opened at $1.55 on Thursday. 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 business’s 50-day moving average price is $1.65 and its 200-day moving average price is $1.66. Art’s-Way Manufacturing has a 12 month low of $1.33 and a 12 month high of $2.37.

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 stake in Art’s-Way Manufacturing Co., Inc. (NASDAQ:ARTW) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor 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 as of its most recent SEC filing. 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.