Art’s-Way Manufacturing (NASDAQ:ARTW) Earns Hold Rating from Analysts at StockNews.com

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

Art’s-Way Manufacturing Stock Performance

Shares of Art’s-Way Manufacturing stock opened at $1.45 on Friday. The stock has a market capitalization of $7.35 million, a price-to-earnings ratio of 7.70 and a beta of 0.36. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.56 and a quick ratio of 0.36. The business has a 50-day moving average of $1.64 and a 200 day moving average of $1.89. Art’s-Way Manufacturing has a 12 month low of $1.33 and a 12 month high of $2.76.

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.