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

StockNews.com assumed coverage on shares of Art’s-Way Manufacturing (NASDAQ:ARTW) in a research note issued to investors on Saturday. The brokerage issued a hold rating on the industrial products company’s stock.

Art’s-Way Manufacturing Stock Up 47.5 %

Shares of ARTW opened at $3.60 on Friday. Art’s-Way Manufacturing has a fifty-two week low of $1.33 and a fifty-two week high of $4.15. The firm has a 50 day moving average price of $1.68 and a 200-day moving average price of $1.67. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.37 and a current ratio of 1.55.

Institutional Trading of Art’s-Way Manufacturing

A hedge fund recently bought a new stake in Art’s-Way Manufacturing stock. Jane Street Group LLC bought a new stake in shares of Art’s-Way Manufacturing Co., Inc. (NASDAQ:ARTW) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 14,430 shares of the industrial products company’s stock, valued at approximately $27,000. Jane Street Group LLC owned 0.29% of Art’s-Way Manufacturing at the end of the most recent reporting period. 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.