Art’s-Way Manufacturing (NASDAQ:ARTW) Coverage Initiated at StockNews.com

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

Art’s-Way Manufacturing Trading Down 2.4 %

Art’s-Way Manufacturing stock opened at $1.67 on Wednesday. The stock has a 50-day moving average price of $1.75 and a 200 day moving average price of $1.76. The company has a market capitalization of $8.46 million, a price-to-earnings ratio of 8.75 and a beta of 0.38. Art’s-Way Manufacturing has a 52 week low of $1.33 and a 52 week high of $2.37. The company has a quick ratio of 0.36, a current ratio of 1.56 and a debt-to-equity ratio of 0.29.

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.