Art’s-Way Manufacturing (NASDAQ:ARTW) Research Coverage Started at StockNews.com

StockNews.com initiated coverage on shares of Art’s-Way Manufacturing (NASDAQ:ARTW) in a research report report published on Monday. The firm issued a hold rating on the industrial products company’s stock.

Art’s-Way Manufacturing Stock Performance

NASDAQ:ARTW opened at $2.09 on Monday. Art’s-Way Manufacturing has a 1 year low of $1.85 and a 1 year high of $3.11. The firm has a 50 day moving average of $2.06 and a 200-day moving average of $2.08. The company has a current ratio of 1.61, a quick ratio of 0.43 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $10.60 million, a P/E ratio of 10.45 and a beta of 0.39.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the company. Renaissance Technologies LLC raised its stake in shares of Art’s-Way Manufacturing by 15.8% in the third quarter. Renaissance Technologies LLC now owns 64,003 shares of the industrial products company’s stock valued at $117,000 after acquiring an additional 8,729 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Art’s-Way Manufacturing by 18.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 32,199 shares of the industrial products company’s stock valued at $68,000 after purchasing an additional 4,916 shares in the last quarter. Susquehanna International Group LLP acquired a new stake in shares of Art’s-Way Manufacturing in the fourth quarter valued at approximately $56,000. Citadel Advisors LLC acquired a new stake in shares of Art’s-Way Manufacturing in the third quarter valued at approximately $42,000. Finally, Virtu Financial LLC acquired a new stake in shares of Art’s-Way Manufacturing in the first quarter valued at approximately $104,000. Institutional investors own 2.91% of the company’s 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.