Somewhat Critical Press Coverage Somewhat Unlikely to Affect Arts-Way Manufacturing (ARTW) Stock Price

Media coverage about Arts-Way Manufacturing (NASDAQ:ARTW) has trended somewhat negative recently, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Arts-Way Manufacturing earned a daily sentiment score of -0.01 on Accern’s scale. Accern also assigned headlines about the industrial products company an impact score of 45.3015859732497 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Shares of ARTW stock traded down $0.05 during mid-day trading on Thursday, hitting $2.80. The stock had a trading volume of 5,243 shares, compared to its average volume of 21,266. Arts-Way Manufacturing has a fifty-two week low of $2.00 and a fifty-two week high of $5.45. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.53 and a current ratio of 2.91.

Arts-Way Manufacturing (NASDAQ:ARTW) last released its earnings results on Thursday, March 29th. The industrial products company reported ($0.13) EPS for the quarter. Arts-Way Manufacturing had a negative return on equity of 10.11% and a negative net margin of 8.65%. The firm had revenue of $5.37 million during the quarter.

In related news, Director J Ward Mcconnell, Jr. acquired 13,798 shares of Arts-Way Manufacturing stock in a transaction that occurred on Thursday, April 12th. The stock was purchased at an average price of $2.49 per share, for a total transaction of $34,357.02. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director J Ward Mcconnell, Jr. acquired 15,196 shares of Arts-Way Manufacturing stock in a transaction that occurred on Wednesday, May 23rd. The stock was bought at an average price of $2.75 per share, with a total value of $41,789.00. The disclosure for this purchase can be found here. Insiders bought a total of 44,948 shares of company stock valued at $118,982 in the last 90 days. Company insiders own 49.80% of the company’s stock.

Arts-Way Manufacturing Company Profile

Art's-Way Manufacturing Co, Inc manufactures and sells agricultural equipment, specialized modular science buildings, and steel cutting tools worldwide. The company operates through three segments: Agricultural Products, Modular Buildings, and Tools. The Agricultural Products segment offers specialized farm machineries, including portable and stationary animal feed processing equipment and related attachments; hay and forage equipment; portable grain augers; manure spreaders; sugar beet harvesting equipment; land maintenance equipment; moldboard plows; potato harvesters; reels for combines and swathers; silage blowers and reels; and after-market service parts under the Art's-Way, Miller Pro, Roda, M&W, Badger, and UHC by Art's-Way brands.

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