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

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

Art’s-Way Manufacturing Stock Performance

ARTW stock opened at $1.52 on Friday. 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 twelve month low of $1.33 and a twelve month high of $2.90. The business’s fifty day moving average is $1.70 and its 200-day moving average is $1.92. The company has a market cap of $7.72 million, a P/E ratio of 7.61 and a beta of 0.36.

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.