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

Equities research analysts at StockNews.com began coverage on shares of Art’s-Way Manufacturing (NASDAQ:ARTW) in a note issued to investors on Thursday. The brokerage set a “hold” rating on the industrial products company’s stock.

Art’s-Way Manufacturing Stock Up 1.2 %

ARTW stock opened at $1.63 on Thursday. The company has a market cap of $8.26 million, a P/E ratio of 8.35 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’s 50-day moving average price is $1.77 and its 200 day moving average price is $1.75. The company has a current ratio of 1.56, a quick ratio of 0.36 and a debt-to-equity ratio of 0.29.

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.