Art's-Way Manufacturing Co., Inc. (NASDAQ:ARTW - Get Free Report) Director Randall C. Ramsey bought 6,800 shares of the business's stock in a transaction on Thursday, April 10th. The shares were acquired at an average cost of $1.50 per share, for a total transaction of $10,200.00. Following the transaction, the director now directly owns 67,709 shares in the company, valued at approximately $101,563.50. This trade represents a 11.16 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website.
Art's-Way Manufacturing Price Performance
ARTW opened at $1.54 on Friday. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.98 and a quick ratio of 0.42. Art's-Way Manufacturing Co., Inc. has a 12 month low of $1.33 and a 12 month high of $4.15. The stock has a fifty day moving average price of $1.65 and a 200-day moving average price of $1.70.
Art's-Way Manufacturing (NASDAQ:ARTW - Get Free Report) last released its quarterly earnings results on Wednesday, April 9th. The industrial products company reported ($0.01) EPS for the quarter. Art's-Way Manufacturing had a net margin of 1.65% and a negative return on equity of 0.83%. The firm had revenue of $5.14 million for the quarter.
Wall Street Analysts Forecast Growth
Separately, StockNews.com began coverage on shares of Art's-Way Manufacturing in a report on Friday. They set a "hold" rating on the stock.
Get Our Latest Analysis on ARTW
Institutional Investors Weigh In On Art's-Way Manufacturing
A number of hedge funds and other institutional investors have recently bought and sold shares of ARTW. Jane Street Group LLC purchased a new stake in Art's-Way Manufacturing in the third quarter valued at about $27,000. Geode Capital Management LLC increased its holdings in shares of Art's-Way Manufacturing by 93.2% during the fourth quarter. Geode Capital Management LLC now owns 27,094 shares of the industrial products company's stock valued at $59,000 after acquiring an additional 13,072 shares in the last quarter. Finally, Virtu Financial LLC acquired a new position in shares of Art's-Way Manufacturing during the fourth quarter valued at about $60,000. Hedge funds and other institutional investors own 2.91% of the company's stock.
Art's-Way Manufacturing Company Profile
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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.
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