Art’s-Way Manufacturing (NASDAQ:ARTW) Stock Passes Below Two Hundred Day Moving Average of $2.04

Art’s-Way Manufacturing Co., Inc. (NASDAQ:ARTW)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $2.04 and traded as low as $1.86. Art’s-Way Manufacturing shares last traded at $1.87, with a volume of 1,514 shares.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on Art’s-Way Manufacturing in a research note on Friday. They issued a “hold” rating for the company.

Art’s-Way Manufacturing Stock Up 0.5 %

The company has a quick ratio of 0.38, a current ratio of 1.51 and a debt-to-equity ratio of 0.29. The firm’s 50 day simple moving average is $2.00 and its two-hundred day simple moving average is $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 (EPS) for the quarter. Art’s-Way Manufacturing had a negative net margin of 0.64% and a negative return on equity of 0.09%. The company had revenue of $5.72 million during 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.