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

Art’s-Way Manufacturing (NASDAQ:ARTW) issued its earnings results on Tuesday. The industrial products company reported $0.06 earnings per share (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 opened at $1.72 on Thursday. The company has a current ratio of 1.55, a quick ratio of 0.37 and a debt-to-equity ratio of 0.28. The company’s fifty day moving average price is $1.79 and its 200-day moving average price is $1.73. Art’s-Way Manufacturing has a 1-year low of $1.33 and a 1-year high of $4.15.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on Art’s-Way Manufacturing in a report on Thursday, February 6th. They set a “hold” rating for the company.

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.