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

Stock analysts at StockNews.com assumed coverage on shares of Art’s-Way Manufacturing (NASDAQ:ARTW) in a report issued on Saturday. The brokerage set a “hold” rating on the industrial products company’s stock.

Art’s-Way Manufacturing Stock Down 1.2 %

Shares of ARTW opened at $1.62 on Friday. The firm has a market capitalization of $8.15 million, a P/E ratio of 8.20 and a beta of 0.40. Art’s-Way Manufacturing has a 12-month low of $1.33 and a 12-month high of $2.37. The firm has a fifty day moving average price of $1.78 and a 200-day moving average price of $1.71. The company has a current ratio of 1.55, a quick ratio of 0.37 and a debt-to-equity ratio of 0.28.

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.