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

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

Art’s-Way Manufacturing Price Performance

Shares of ARTW opened at $1.66 on Tuesday. The company’s 50-day moving average is $1.69 and its 200-day moving average is $1.68. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.55 and a quick ratio of 0.37. The firm has a market capitalization of $8.35 million, a PE ratio of 8.35 and a beta of 0.40. Art’s-Way Manufacturing has a fifty-two week low of $1.33 and a fifty-two week high of $2.37.

Institutional Trading of Art’s-Way Manufacturing

An institutional investor recently bought a new position in Art’s-Way Manufacturing stock. Jane Street Group LLC bought a new position in shares of Art’s-Way Manufacturing Co., Inc. (NASDAQ:ARTW) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 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 as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 2.91% of the company’s 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.