Art’s-Way Manufacturing (NASDAQ:ARTW) Coverage Initiated at StockNews.com

Posted by ABMN Staff on Apr 13th, 2025

Equities researchers at StockNews.com assumed coverage on shares of Art’s-Way Manufacturing (NASDAQ:ARTW – Get Free Report) in a report issued on Friday. The firm set a “hold” rating on the industrial products company’s stock.

Art’s-Way Manufacturing Stock Up 3.4 %

NASDAQ ARTW opened at $1.54 on Friday. The company has a current ratio of 1.98, a quick ratio of 0.42 and a debt-to-equity ratio of 0.21. The business’s 50-day moving average price is $1.65 and its 200 day moving average price is $1.70. Art’s-Way Manufacturing has a twelve month low of $1.33 and a twelve month high of $4.15.

Art’s-Way Manufacturing (NASDAQ:ARTW – Get Free Report) last announced its quarterly earnings results on Wednesday, April 9th. The industrial products company reported ($0.01) earnings per share for the quarter. The company had revenue of $5.14 million for the quarter. Art’s-Way Manufacturing had a negative return on equity of 0.83% and a net margin of 1.65%.

Hedge Funds Weigh In On Art’s-Way Manufacturing

Several institutional investors have recently modified their holdings of ARTW. Jane Street Group LLC acquired a new position in Art’s-Way Manufacturing during the 3rd quarter valued at about $27,000. Geode Capital Management LLC increased its stake in shares of Art’s-Way Manufacturing by 93.2% in the fourth quarter. Geode Capital Management LLC now owns 27,094 shares of the industrial products company’s stock valued at $59,000 after purchasing an additional 13,072 shares during the period. Finally, Virtu Financial LLC bought a new stake in shares of Art’s-Way Manufacturing during the fourth quarter valued at approximately $60,000. Institutional investors own 2.91% of the company’s stock.

Art’s-Way Manufacturing Company Profile

(Get Free Report)

Art’s-Way Manufacturing Co, Inc manufactures and distributes farm equipment products. It operates through the Agricultural Products, and Modular Buildings segments. 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 line of forage equipment consisting of forage boxes, bale processors, running gear, and dump boxes, a line of manure spreaders, sugar beet harvesting equipment, and a line of dirt work equipment.