Art’s-Way Manufacturing (NASDAQ:ARTW) Earns Hold Rating from Analysts at assumed coverage on shares of Art’s-Way Manufacturing (NASDAQ:ARTWGet Rating) in a research note released on Monday. The firm issued a hold rating on the industrial products company’s stock.

Separately, TheStreet raised Art’s-Way Manufacturing from a d+ rating to a c rating in a research report on Friday, October 14th.

Art’s-Way Manufacturing Stock Up 3.0 %

NASDAQ ARTW opened at $2.04 on Monday. The company has a quick ratio of 0.43, a current ratio of 1.46 and a debt-to-equity ratio of 0.33. Art’s-Way Manufacturing has a 52 week low of $1.80 and a 52 week high of $7.70. The firm has a market capitalization of $9.96 million, a price-to-earnings ratio of 22.67 and a beta of 0.44. The company has a fifty day moving average of $2.00 and a two-hundred day moving average of $2.28.

Art’s-Way Manufacturing (NASDAQ:ARTWGet Rating) last announced its quarterly earnings data on Wednesday, October 5th. The industrial products company reported $0.05 earnings per share (EPS) for the quarter. The business had revenue of $8.14 million during the quarter. Art’s-Way Manufacturing had a net margin of 1.47% and a return on equity of 4.00%.

Institutional Trading of Art’s-Way Manufacturing

Several hedge funds and other institutional investors have recently bought and sold shares of ARTW. Renaissance Technologies LLC grew its stake in Art’s-Way Manufacturing by 15.8% during the 3rd quarter. Renaissance Technologies LLC now owns 64,003 shares of the industrial products company’s stock worth $117,000 after buying an additional 8,729 shares during the last quarter. Shufro Rose & Co. LLC grew its position in Art’s-Way Manufacturing by 31.2% during the 1st quarter. Shufro Rose & Co. LLC now owns 24,639 shares of the industrial products company’s stock worth $136,000 after purchasing an additional 5,855 shares during the last quarter. Citadel Advisors LLC acquired a new position in Art’s-Way Manufacturing during the 3rd quarter valued at approximately $42,000. Virtu Financial LLC purchased a new position in shares of Art’s-Way Manufacturing in the first quarter worth $104,000. Finally, Millennium Management LLC acquired a new stake in shares of Art’s-Way Manufacturing during the second quarter worth $42,000. Institutional investors own 5.89% of the company’s stock.

About Art’s-Way Manufacturing

(Get Rating)

Art's-Way Manufacturing Co, Inc manufactures and sells agricultural equipment, specialized modular science buildings, and steel cutting tools in the United States and internationally. The company operates through three segments: Agricultural Products, Modular Buildings, and Tools. 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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