StockNews.com Begins Coverage on Art’s-Way Manufacturing (NASDAQ:ARTW)

Analysts at StockNews.com began coverage on shares of Art’s-Way Manufacturing (NASDAQ:ARTW) in a report released on Wednesday. The brokerage set a “hold” rating on the industrial products company’s stock.

Art’s-Way Manufacturing Trading Down 0.5 %

ARTW stock opened at $1.96 on Wednesday. The company’s 50-day simple moving average is $2.04 and its 200-day simple moving average is $2.05. The company has a quick ratio of 0.38, a current ratio of 1.51 and a debt-to-equity ratio of 0.29. Art’s-Way Manufacturing has a 52-week low of $1.85 and a 52-week high of $2.90. The firm has a market cap of $9.94 million, a P/E ratio of 9.96 and a beta of 0.39.

Art’s-Way Manufacturing (NASDAQ:ARTW) last posted its earnings results on Tuesday, April 9th. The industrial products company reported ($0.09) earnings per share (EPS) for the quarter. Art’s-Way Manufacturing had a negative return on equity of 0.09% and a negative net margin of 0.64%. The firm had revenue of $5.72 million for the quarter.

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.