Art's-Way Manufacturing Co Inc (ARTW, Financial) experienced a significant drop in stock price, falling by 5.59% to $1.52 per share. The trading volume reached 35,472 shares, with a turnover rate of 0.71% and a price fluctuation of 5.90%.
The company's latest financial report shows an operating revenue of $5.88 million and a net profit of just $2,230. Earnings per share stand at -$0.01, a gross profit of $1.62 million, and a price-to-earnings ratio of -9.69. Currently, there are no institutional ratings available for buy, hold, or sell recommendations on ARTW.
Within the industrial distribution sector, where Art's-Way operates, the overall increase is noted at 1.01%. Notable movements among related stocks include significant gains by Nikola, Rev Group, Inc., and Manitowoc. Nikola, Greenpower Motor Company Inc., and Blue Bird Corporation have shown high activity levels, with turnover rates of 16.28%, 2.84%, and 0.71%, respectively. Stocks with substantial price fluctuations include Nikola (24.10%), Greenpower Motor Company Inc. (14.42%), and Xos Inc C/Wts (12.38%).
Art's-Way Manufacturing Co Inc specializes in agricultural equipment manufacturing, with three main divisions: agricultural products, modular buildings, and tools. The agricultural segment focuses on producing and selling related equipment and parts globally. The modular buildings segment develops structures for animal containment and laboratory use, while the tools segment manufactures cutting tools and blades. A significant portion of ARTW's revenue is derived from agricultural equipment sales.
