ARTW Stock Summary and Trading Ideas (Art's-Way Manufacturing Co. | NASDAQ:ARTW)

Art's-Way Manufacturing Co Inc is a manufacturer of agricultural equipment. It has two reportable segments: Agricultural Products, and Modular Buildings. The Agricultural Products segment fabricates and sells farming products as well as related equipment and replacement parts for these products in the United States and world-wide. Its Modular Buildings segment manufactures and installs modular buildings for animal containment and various laboratory uses. It derives revenues from the Agricultural Products segment.

Art's-Way Manufacturing Co. trades on the NASDAQ stock market under the symbol ARTW.

As of April 24, 2024, ARTW stock price declined to $1.97 with 4,439 million shares trading.

ARTW has a beta of 0.25, meaning it tends to be less sensitive to market movements. ARTW has a correlation of 0.01 to the broad based SPY ETF.

ARTW has a market cap of $9.98 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, ARTW stock traded as high as $7.70 and as low as $1.80.

The top ETF exchange traded funds that ARTW belongs to (by Net Assets): VXF, DFAC, DFAT.

ARTW has underperformed the market in the last year with a price return of -32.1% while the SPY ETF gained +24.2%. ARTW has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -3.4% and -5.7%, respectively, while the SPY returned +4.6% and -2.7%, respectively.

ARTW support price is $1.93 and resistance is $2.05 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ARTW stock will trade within this expected range on the day.