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

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

Art’s-Way Manufacturing Price Performance

Shares of NASDAQ:ARTW opened at $1.62 on Friday. The company’s fifty day moving average is $1.78 and its two-hundred day moving average is $1.71. The company has a market cap of $8.15 million, a P/E ratio of 8.15 and a beta of 0.38. Art’s-Way Manufacturing has a 12-month low of $1.33 and a 12-month high of $2.37. The company has a quick ratio of 0.37, a current ratio of 1.55 and a debt-to-equity ratio of 0.28.

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.