StockNews.com began coverage on shares of Art’s-Way Manufacturing (NASDAQ:ARTW – Get Free Report) in a report released on Tuesday. The brokerage set a “hold” rating on the industrial products company’s stock.
Art’s-Way Manufacturing Trading Up 0.6 %
Shares of NASDAQ:ARTW opened at $1.66 on Tuesday. The firm has a market cap of $8.35 million, a price-to-earnings ratio of 8.35 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 has a 12 month low of $1.33 and a 12 month high of $2.37. The company’s fifty day simple moving average is $1.69 and its 200 day simple moving average is $1.68.
Institutional Investors Weigh In On Art’s-Way Manufacturing
An institutional investor recently bought a new position in Art’s-Way Manufacturing stock. Jane Street Group LLC bought a new stake in Art’s-Way Manufacturing Co., Inc. (NASDAQ:ARTW – Free Report) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 14,430 shares of the industrial products company’s stock, valued at approximately $27,000. Jane Street Group LLC owned about 0.29% of Art’s-Way Manufacturing as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 2.91% of the company’s stock.
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.
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