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

StockNews.com initiated coverage on shares of Art’s-Way Manufacturing (NASDAQ:ARTW) in a report published on Friday. The brokerage issued a hold rating on the industrial products company’s stock.

Art’s-Way Manufacturing Stock Up 3.3 %

NASDAQ ARTW opened at $1.56 on Friday. Art’s-Way Manufacturing has a 52 week low of $1.33 and a 52 week high of $2.37. 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 stock has a fifty day moving average of $1.62 and a 200-day moving average of $1.65.

Institutional Trading of Art’s-Way Manufacturing

An institutional investor recently bought a new position in Art’s-Way Manufacturing stock. Jane Street Group LLC purchased a new stake in Art’s-Way Manufacturing Co., Inc. (NASDAQ:ARTW) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 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. 2.91% of the stock is owned by institutional investors and hedge funds.

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.