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

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

Art’s-Way Manufacturing Price Performance

Shares of NASDAQ ARTW opened at $1.68 on Friday. The company has a quick ratio of 0.37, a current ratio of 1.98 and a debt-to-equity ratio of 0.21. Art’s-Way Manufacturing has a 52 week low of $1.33 and a 52 week high of $4.15. The firm’s fifty day moving average is $1.81 and its 200 day moving average is $1.74.

Institutional Trading of Art’s-Way Manufacturing

Several large investors have recently added to or reduced their stakes in ARTW. Virtu Financial LLC bought a new stake in Art’s-Way Manufacturing in the fourth quarter valued at $60,000. Jane Street Group LLC bought a new stake in shares of Art’s-Way Manufacturing during the 3rd quarter valued at $27,000. Finally, Geode Capital Management LLC boosted its holdings in shares of Art’s-Way Manufacturing by 93.2% during the 4th quarter. Geode Capital Management LLC now owns 27,094 shares of the industrial products company’s stock valued at $59,000 after buying an additional 13,072 shares in the last quarter. Institutional investors own 2.91% of the company’s stock.

About Art’s-Way Manufacturing

Art’s-Way Manufacturing Co, Inc manufactures and distributes farm equipment products. It operates through the Agricultural Products, and Modular Buildings segments. The Agricultural Products segment manufactures a variety of specialized farm machinery under its own label including portable and stationary animal feed processing equipment and related attachments used to mill and mix feed grains into custom animal feed rations, a line of forage equipment consisting of forage boxes, bale processors, running gear, and dump boxes, a line of manure spreaders, sugar beet harvesting equipment, and a line of dirt work equipment.