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

Equities researchers at StockNews.com initiated coverage on shares of Art’s-Way Manufacturing (NASDAQ:ARTW) in a note issued to investors on Sunday. The brokerage set a “hold” rating on the industrial products company’s stock.

Art’s-Way Manufacturing Stock Performance

Shares of NASDAQ ARTW opened at $1.95 on Friday. The company has a current ratio of 1.55, a quick ratio of 0.37 and a debt-to-equity ratio of 0.28. Art’s-Way Manufacturing has a 1 year low of $1.33 and a 1 year high of $4.15. The company’s 50-day moving average is $1.73 and its 200 day moving average is $1.69.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Art’s-Way Manufacturing stock. Jane Street Group LLC purchased a new stake in shares of Art’s-Way Manufacturing Co., Inc. (NASDAQ:ARTW) in the third quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 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 at the end of the most recent reporting period. 2.91% of the stock is currently owned by institutional investors.

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.