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

StockNews.com initiated coverage on shares of Art’s-Way Manufacturing (NASDAQ:ARTW) in a research note released on Sunday. The firm issued a hold rating on the industrial products company’s stock.

Art’s-Way Manufacturing Stock Up 0.8 %

Shares of NASDAQ ARTW opened at $1.67 on Friday. The company’s 50-day simple moving average is $1.73 and its 200-day simple moving average is $1.69. Art’s-Way Manufacturing has a 52-week low of $1.33 and a 52-week high of $2.37. The firm has a market cap of $8.42 million, a price-to-earnings ratio of 8.30 and a beta of 0.40. The company has a quick ratio of 0.37, a current ratio of 1.55 and a debt-to-equity ratio of 0.28.

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.