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

Art’s-Way Manufacturing (NASDAQ:ARTW) posted its earnings results on Wednesday. The industrial products company reported ($0.01) EPS for the quarter, Zacks reports. The firm had revenue of $5.14 million for the quarter. Art’s-Way Manufacturing had a negative return on equity of 0.83% and a net margin of 1.65%.

Art’s-Way Manufacturing Price Performance

Shares of NASDAQ:ARTW opened at $1.49 on Friday. Art’s-Way Manufacturing has a one year low of $1.33 and a one year high of $4.15. The company has a 50-day simple moving average of $1.65 and a 200-day simple moving average of $1.70. The company has a quick ratio of 0.42, a current ratio of 1.98 and a debt-to-equity ratio of 0.21.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on shares of Art’s-Way Manufacturing in a research report on Friday. They set a “hold” rating on the stock.

Art’s-Way Manufacturing Company Profile

Art’s-Way Manufacturing Co, Inc manufactures and distributes farm equipment products. It operates through the Agricultural Products, and Modular Buildings segments. The Agricultural Products segment manufactures a variety of specialized farm machinery under its own label including portable and stationary animal feed processing equipment and related attachments used to mill and mix feed grains into custom animal feed rations, a line of forage equipment consisting of forage boxes, bale processors, running gear, and dump boxes, a line of manure spreaders, sugar beet harvesting equipment, and a line of dirt work equipment.