Art’s-Way Manufacturing (NASDAQ:ARTW) Receives New Coverage from Analysts at StockNews.com

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

Art’s-Way Manufacturing Price Performance

NASDAQ ARTW opened at $1.89 on Thursday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.38 and a current ratio of 1.51. Art’s-Way Manufacturing has a one year low of $1.83 and a one year high of $2.90. The company has a market capitalization of $9.58 million, a price-to-earnings ratio of 9.45 and a beta of 0.42. The stock has a 50-day moving average of $2.01 and a 200 day moving average of $2.04.

Art’s-Way Manufacturing (NASDAQ:ARTW) last issued its quarterly earnings results on Tuesday, April 9th. The industrial products company reported ($0.09) earnings per share 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 business had revenue of $5.72 million for the quarter.

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.