Art’s-Way Manufacturing (NASDAQ:ARTW) Receives New Coverage from Analysts at StockNews.com

StockNews.com began coverage on shares of Art’s-Way Manufacturing (NASDAQ:ARTW) in a report published on Monday morning. The firm issued a hold rating on the industrial products company’s stock.

Art’s-Way Manufacturing Price Performance

Shares of NASDAQ:ARTW opened at $2.09 on Monday. Art’s-Way Manufacturing has a 1-year low of $1.85 and a 1-year high of $3.11. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.61 and a quick ratio of 0.43. The business has a fifty day moving average price of $2.06 and a 200-day moving average price of $2.08. The company has a market capitalization of $10.60 million, a PE ratio of 10.45 and a beta of 0.39.

Institutional Investors Weigh In On Art’s-Way Manufacturing

Several large investors have recently bought and sold shares of ARTW. State Street Corp bought a new stake in Art’s-Way Manufacturing in the 1st quarter worth about $67,000. Jane Street Group LLC bought a new stake in Art’s-Way Manufacturing in the 1st quarter worth about $76,000. Virtu Financial LLC bought a new stake in Art’s-Way Manufacturing in the 1st quarter worth about $104,000. Renaissance Technologies LLC increased its holdings in Art’s-Way Manufacturing by 44.0% in the 2nd quarter. Renaissance Technologies LLC now owns 55,274 shares of the industrial products company’s stock worth $164,000 after buying an additional 16,900 shares in the last quarter. Finally, Millennium Management LLC bought a new stake in Art’s-Way Manufacturing in the 2nd quarter worth about $42,000. 2.91% of the stock is currently owned by institutional investors.

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.