Art’s-Way Manufacturing Co., Inc. (NASDAQ:ARTW) Short Interest Update

Art’s-Way Manufacturing Co., Inc. (NASDAQ:ARTW) saw a significant decrease in short interest in the month of April. As of April 15th, there was short interest totalling 1,600 shares, a decrease of 42.9% from the March 31st total of 2,800 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 13,400 shares, the short-interest ratio is presently 0.1 days.

Art’s-Way Manufacturing Stock Performance

Shares of ARTW stock traded down $0.02 during trading hours on Friday, reaching $1.94. The stock had a trading volume of 1,632 shares, compared to its average volume of 8,875. Art’s-Way Manufacturing has a twelve month low of $1.85 and a twelve month high of $2.90. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.51 and a quick ratio of 0.38. The firm has a market capitalization of $9.84 million, a PE ratio of 9.80 and a beta of 0.39. The firm has a 50-day simple moving average of $2.03 and a 200-day simple moving average of $2.05.

Art’s-Way Manufacturing (NASDAQ:ARTW) last issued its quarterly earnings results on Tuesday, April 9th. The industrial products company reported ($0.09) EPS for the quarter. The business had revenue of $5.72 million for the quarter. Art’s-Way Manufacturing had a negative net margin of 0.64% and a negative return on equity of 0.09%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on shares of Art’s-Way Manufacturing in a report on Wednesday. They issued a “hold” rating on the stock.

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.