Art’s-Way Manufacturing Co., Inc. (NASDAQ:ARTW) Director Buys $24,412.50 in Stock

Art’s-Way Manufacturing Co., Inc. (NASDAQ:ARTWGet Rating) Director Randall C. Ramsey purchased 7,750 shares of the business’s stock in a transaction on Tuesday, April 26th. The shares were purchased at an average price of $3.15 per share, with a total value of $24,412.50. Following the completion of the purchase, the director now owns 8,750 shares in the company, valued at $27,562.50. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Art’s-Way Manufacturing stock opened at $2.86 on Friday. The business has a 50-day simple moving average of $4.60 and a two-hundred day simple moving average of $3.93. The company has a market cap of $13.24 million, a P/E ratio of 143.07 and a beta of 0.27. Art’s-Way Manufacturing Co., Inc. has a 52-week low of $2.68 and a 52-week high of $7.70. The company has a quick ratio of 0.39, a current ratio of 1.49 and a debt-to-equity ratio of 0.27.

Art’s-Way Manufacturing (NASDAQ:ARTWGet Rating) last released its quarterly earnings results on Tuesday, February 8th. The industrial products company reported $0.09 earnings per share (EPS) for the quarter. The business had revenue of $7.26 million during the quarter. Art’s-Way Manufacturing had a return on equity of 1.22% and a net margin of 0.48%.

Several large investors have recently made changes to their positions in ARTW. Sigma Planning Corp bought a new position in shares of Art’s-Way Manufacturing during the 1st quarter valued at approximately $274,000. Sweet Financial Partners LLC bought a new position in shares of Art’s-Way Manufacturing during the 4th quarter valued at approximately $155,000. Finally, Citadel Advisors LLC bought a new position in shares of Art’s-Way Manufacturing during the 2nd quarter valued at approximately $40,000. Institutional investors own 5.83% of the company’s stock.

Art’s-Way Manufacturing Company Profile (Get Rating)

Art's-Way Manufacturing Co, Inc manufactures and sells agricultural equipment, specialized modular science buildings, and steel cutting tools in the United States and internationally. The company operates through three segments: Agricultural Products, Modular Buildings, and Tools. 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.

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