Art’s-Way Manufacturing (NASDAQ:ARTW) Posts Earnings Results

Art’s-Way Manufacturing (NASDAQ:ARTW) issued its quarterly earnings results on Tuesday. The industrial products company reported $0.06 earnings per share (EPS) for the quarter, Zacks reports. Art’s-Way Manufacturing had a negative return on equity of 5.16% and a negative net margin of 2.92%.

Art’s-Way Manufacturing Trading Down 1.6 %

Shares of ARTW traded down $0.03 during trading hours on Tuesday, reaching $1.84. 26,384 shares of the company traded hands, compared to its average volume of 199,040. The company’s fifty day moving average price is $1.78 and its two-hundred day moving average price is $1.73. The company has a current ratio of 1.55, a quick ratio of 0.37 and a debt-to-equity ratio of 0.28. Art’s-Way Manufacturing has a 12 month low of $1.33 and a 12 month high of $4.15.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on shares of Art’s-Way Manufacturing in a research report on Thursday, February 6th. They set a “hold” rating on the 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.