StockNews.com assumed coverage on shares of Art’s-Way Manufacturing (NASDAQ:ARTW – Free Report) in a research report released on Wednesday. The brokerage issued a hold rating on the industrial products company’s stock.
Art’s-Way Manufacturing Stock Performance
NASDAQ:ARTW opened at $1.69 on Wednesday. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.98 and a quick ratio of 0.42. The stock’s 50 day simple moving average is $1.71 and its 200-day simple moving average is $1.73. Art’s-Way Manufacturing has a 12-month low of $1.33 and a 12-month high of $4.15.
Institutional Trading of Art’s-Way Manufacturing
Several hedge funds have recently made changes to their positions in ARTW. Jane Street Group LLC purchased a new position in Art’s-Way Manufacturing during the third quarter worth about $27,000. Geode Capital Management LLC increased its position in Art’s-Way Manufacturing by 93.2% during the 4th quarter. Geode Capital Management LLC now owns 27,094 shares of the industrial products company’s stock worth $59,000 after purchasing an additional 13,072 shares during the period. Finally, Virtu Financial LLC purchased a new position in shares of Art’s-Way Manufacturing during the 4th quarter worth approximately $60,000. Institutional investors and hedge funds own 2.91% of the company’s stock.
Art’s-Way Manufacturing Company Profile
Art’s-Way Manufacturing Co, Inc manufactures and distributes farm equipment products. It operates through the Agricultural Products, and Modular Buildings segments. The Agricultural Products segment manufactures a variety of specialized farm machinery under its own label including portable and stationary animal feed processing equipment and related attachments used to mill and mix feed grains into custom animal feed rations, a line of forage equipment consisting of forage boxes, bale processors, running gear, and dump boxes, a line of manure spreaders, sugar beet harvesting equipment, and a line of dirt work equipment.
Featured Stories
- Five stocks we like better than Art’s-Way Manufacturing
- The Significance of Brokerage Rankings in Stock Selection
- Energy Transfer: Powering Data With Dividends and Diversification
- What is the Euro STOXX 50 Index?
- Qualcomm Stock Is Coiling for a Breakout
- Conference Calls and Individual Investors
- Is Alphabet Too Cheap to Ignore After Its Recent Correction?
Receive News & Ratings for Art's-Way Manufacturing Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Art's-Way Manufacturing and related companies with MarketBeat.com's FREE daily email newsletter.
