Insider Selling: Arts-Way Manufacturing Co Director Sells 22,800 Shares of Stock (ARTW)
Arts-Way Manufacturing Co (NASDAQ:ARTW) Director Joseph R. Dancy unloaded 22,800 shares of Arts-Way Manufacturing Co stock in a transaction that occurred on Tuesday, April 15th. The shares were sold at an average price of $5.91, for a total transaction of $134,748.00. Following the completion of the transaction, the director now directly owns 58,000 shares of the company’s stock, valued at approximately $342,780. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Arts-Way Manufacturing Co (NASDAQ:ARTW) traded down 2.17% during mid-day trading on Thursday, hitting $5.87. The stock had a trading volume of 9,111 shares. Arts-Way Manufacturing Co has a 52 week low of $5.40 and a 52 week high of $8.44. The stock has a 50-day moving average of $6.10 and a 200-day moving average of $6.08. The company has a market cap of $23.8 million and a price-to-earnings ratio of 15.79.
Arts-Way Manufacturing Co (NASDAQ:ARTW) last issued its quarterly earnings data on Monday, April 14th. The company reported ($0.06) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.06 by $0.12. On average, analysts predict that Arts-Way Manufacturing Co will post $0.41 earnings per share for the current fiscal year.
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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