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

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

Art’s-Way Manufacturing Price Performance

NASDAQ ARTW opened at $1.81 on Tuesday. 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 has a one year low of $1.33 and a one year high of $4.15. The company has a 50-day simple moving average of $1.76 and a 200-day simple moving average of $1.70.

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

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.