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Research analysts at StockNews.com started coverage on shares of Art’s-Way Manufacturing (NASDAQ:ARTW – Get Free Report) in a research report issued to clients and investors on Tuesday. The brokerage set a “hold” rating on the industrial products company’s stock.
Art’s-Way Manufacturing Trading Up 5.8 %
NASDAQ ARTW opened at $1.81 on Tuesday. Art’s-Way Manufacturing has a 12 month low of $1.33 and a 12 month high of $4.15. The company’s 50 day simple moving average is $1.76 and its 200 day simple moving average is $1.70. The company has a current ratio of 1.55, a quick ratio of 0.37 and a debt-to-equity ratio of 0.28.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Art’s-Way Manufacturing stock. Jane Street Group LLC bought a new position in Art’s-Way Manufacturing Co., Inc. (NASDAQ:ARTW – Free Report) in the 3rd quarter, according to the company in its most recent disclosure 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 0.29% of Art’s-Way Manufacturing as of its most recent SEC filing. Institutional investors and hedge funds own 2.91% of the company’s stock.
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.
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