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 research note released on Thursday. The brokerage issued a hold rating on the industrial products company’s stock.

Art’s-Way Manufacturing Price Performance

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

Art’s-Way Manufacturing (NASDAQ:ARTW) last announced its quarterly earnings data on Tuesday, April 9th. The industrial products company reported ($0.09) earnings per share (EPS) for the quarter. The firm had revenue of $5.72 million for the quarter. Art’s-Way Manufacturing had a negative return on equity of 0.09% and a negative net margin of 0.64%.

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.