Arts-Way Manufacturing Co (ARTW) Posts Quarterly Earnings
Arts-Way Manufacturing Co (NASDAQ:ARTW) announced its earnings results on Monday. The company reported $0.01 EPS for the quarter, StockRatingsNetwork reports. The company had revenue of $9.35 million for the quarter, compared to the consensus estimate of $11.53 million.
Shares of Arts-Way Manufacturing Co (NASDAQ:ARTW) traded down 7.25% on Monday, hitting $6.40. 11,279 shares of the company’s stock traded hands. Arts-Way Manufacturing Co has a 1-year low of $5.23 and a 1-year high of $8.44. The stock’s 50-day moving average is $6.98 and its 200-day moving average is $6.98. The company has a market cap of $25.9 million and a P/E ratio of 9.72.
On the ratings front, analysts at Sidoti initiated coverage on shares of Arts-Way Manufacturing Co in a research note to investors on Wednesday, October 9th. They set a “buy” rating on the stock.
Art’s-Way Manufacturing Co, Inc is a manufacturer of agricultural equipment. It is primarily engaged in the fabrication and sale of farm machinery in the agricultural sector of the United States.
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