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

Stock analysts at StockNews.com began coverage on shares of Art’s-Way Manufacturing (NASDAQ:ARTW) in a research note issued to investors on Wednesday. The firm set a “hold” rating on the industrial products company’s stock.

Art’s-Way Manufacturing Price Performance

Shares of Art’s-Way Manufacturing stock opened at $1.45 on Wednesday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.36 and a current ratio of 1.56. The stock has a market capitalization of $7.35 million, a PE ratio of 7.10 and a beta of 0.36. Art’s-Way Manufacturing has a 52-week low of $1.33 and a 52-week high of $2.76. The company has a 50-day simple moving average of $1.55 and a two-hundred day simple moving average of $1.83.

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.