Analysts at StockNews.com started coverage on shares of Art's-Way Manufacturing (NASDAQ:ARTW – Get Rating) in a report issued on Friday. The firm set a "hold" rating on the industrial products company's stock.
Separately, TheStreet downgraded Art's-Way Manufacturing from a "c" rating to a "d+" rating in a report on Wednesday, February 1st.
Get Art's-Way Manufacturing alerts:Art's-Way Manufacturing Trading Up 6.1 %
NASDAQ ARTW opened at $2.72 on Friday. The company has a market cap of $13.65 million, a PE ratio of 15.11 and a beta of 0.48. The company has a current ratio of 1.53, a quick ratio of 0.38 and a debt-to-equity ratio of 0.31. Art's-Way Manufacturing has a 12 month low of $1.80 and a 12 month high of $3.74. The stock has a 50 day moving average of $2.21 and a 200-day moving average of $2.12.
Institutional Investors Weigh In On Art's-Way Manufacturing
Several hedge funds have recently added to or reduced their stakes in the business. State Street Corp bought a new position in Art's-Way Manufacturing during the 1st quarter worth $67,000. Jane Street Group LLC bought a new position in Art's-Way Manufacturing during the 1st quarter worth $76,000. Millennium Management LLC bought a new position in Art's-Way Manufacturing during the 2nd quarter worth $42,000. Virtu Financial LLC bought a new position in Art's-Way Manufacturing during the 1st quarter worth $104,000. Finally, Citadel Advisors LLC bought a new position in Art's-Way Manufacturing during the 3rd quarter worth $42,000. Institutional investors and hedge funds own 5.38% of the company's stock.
Art's-Way Manufacturing Company Profile
(Get Rating)
Art's-Way Manufacturing Co, Inc manufactures and distributes farm machinery niche products. It operates through the following segments: Agricultural Products, Modular Buildings and Tools. 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 crop production line that includes grain drill equipment, a line of hay and forage equipment consisting of forage boxes, blowers, running gear, dump boxes and mergers, stalk shredders, a line of portable grain augers, a line of manure spreaders, sugar beet harvesting equipment, a line of land maintenance equipment, moldboard plows, potato harvesters, and reels for combines and swathers.
Featured Stories
- Get a free copy of the StockNews.com research report on Art's-Way Manufacturing (ARTW)
- Delta Airlines Is Ready To Fly Higher
- Global Payments Climbs After Goldman Sachs Upgrade
- Fastenal Is At A Critical Turning Point
- 3 Healthcare Stocks Insiders Are Buying
- Novo Nordisk Charges Higher and Could be Just Getting Started
Receive News & Ratings for Art's-Way Manufacturing Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Art's-Way Manufacturing and related companies with MarketBeat.com's FREE daily email newsletter.