StockNews.com Initiates Coverage on Art’s-Way Manufacturing (NASDAQ:ARTW)

Research analysts at StockNews.com initiated coverage on shares of Art’s-Way Manufacturing (NASDAQ:ARTW) in a report released on Sunday. The brokerage set a “hold” rating on the industrial products company’s stock.

Art’s-Way Manufacturing Price Performance

Shares of ARTW opened at $1.79 on Friday. Art’s-Way Manufacturing has a 12 month low of $1.33 and a 12 month high of $2.45. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.56 and a quick ratio of 0.36. The stock has a fifty day moving average price of $1.66 and a 200 day moving average price of $1.79. The company has a market cap of $9.07 million, a P/E ratio of 9.07 and a beta of 0.38.

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.