Art’s-Way Manufacturing (NASDAQ:ARTW) Now Covered by Analysts at StockNews.com

StockNews.com began coverage on shares of Art’s-Way Manufacturing (NASDAQ:ARTW) in a report released on Tuesday morning. The firm issued a hold rating on the industrial products company’s stock.

Art’s-Way Manufacturing Price Performance

Art’s-Way Manufacturing stock opened at $1.65 on Tuesday. The business has a 50 day simple moving average of $1.69 and a 200 day simple moving average of $1.68. Art’s-Way Manufacturing has a one year low of $1.33 and a one year high of $2.37. The company has a market capitalization of $8.30 million, a PE ratio of 8.30 and a beta of 0.40. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.55 and a quick ratio of 0.37.

Institutional Investors Weigh In On Art’s-Way Manufacturing

An institutional investor recently bought a new position in Art’s-Way Manufacturing stock. Jane Street Group LLC acquired a new stake in Art’s-Way Manufacturing Co., Inc. (NASDAQ:ARTW) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 14,430 shares of the industrial products company’s stock, valued at approximately $27,000. Jane Street Group LLC owned approximately 0.29% of Art’s-Way Manufacturing at the end of the most recent quarter. 2.91% of the stock is owned by hedge funds and other institutional investors.

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.