Look Past The Setbacks And Give Art’s-way Manufacturing Co. Inc (NASDAQ: ARTW) Another Chance

Art’s-way Manufacturing Co. Inc (NASDAQ:ARTW) currently has a daily average trading volume of 155.44K but it saw 148417 shares traded in last market. With a market cap of 9.26M USD, the company’s current market price of $1.84 came falling about -2.13 while comparing to the previous closing price of $1.88. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.15 and as low as $1.33. In the recent trading on the day, stock has struck highest price mark of $1.71 while lowest mark touched by it was $1.89.

Taking a look at 20-day trading activity of Art’s-way Manufacturing Co. Inc (ARTW) gives us an average price of $1.8540, while its current price level is -55.66% below from 52-week high level whereas it is 38.35% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.7316 while that of 200 days or SMA-200 reads an average of $1.7533. A closer look into the stock’s movement over the week reveals that its volatility is standing at 17.58% during that period while stretching the period over a month that decreases to 15.57%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 49.26 which implies that the stock is in neutral territory.

Over the week, ARTW’s stock price is moving -15.21% down while it is 16.45% when we observe its performance for the past one month. Year-to-date it is -15.21% down and over the past year, the stock is showing a downside performance of -11.11%.

Currently, Art’s-way Manufacturing Co. Inc’s total number of outstanding shares is 5.19M. Company’s return on investment (ROI) stands at -5.78% and return on equity (ROE) at -5.05%. Stock’s beta reads 0.35. Stock has a price to book (P/B) ratio of 0.85 while price to sale or P/S ratio amounts to 0.37. Its return on asset (ROA) is -2.39% on average.