Art’s-Way Manufacturing (NASDAQ:ARTW) Releases Quarterly Earnings Results

Art’s-Way Manufacturing (NASDAQ:ARTW) posted its quarterly earnings results on Tuesday. The industrial products company reported $0.06 EPS for the quarter, Zacks reports. Art’s-Way Manufacturing had a negative return on equity of 5.16% and a negative net margin of 2.92%.

Art’s-Way Manufacturing Stock Performance

NASDAQ:ARTW traded down $0.03 on Tuesday, reaching $1.84. 26,384 shares of the company’s stock were exchanged, compared to its average volume of 199,040. The company has a quick ratio of 0.37, a current ratio of 1.55 and a debt-to-equity ratio of 0.28. The business has a fifty day moving average of $1.78 and a 200-day moving average of $1.73. Art’s-Way Manufacturing has a 52-week low of $1.33 and a 52-week high of $4.15.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on shares of Art’s-Way Manufacturing in a report on Thursday, February 6th. They issued a “hold” rating on the stock.

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.