ARTW Stock Forecast 2024: Art’s-way Manufacturing Co. Inc Remains Weak With A Upside Of 42.67%

ZM Stock

In today’s recent session, 0.78 million shares of the Art’s-way Manufacturing Co. Inc (NASDAQ:ARTW) have been traded, and its beta is 0.18. Most recently the company’s share price was $2.32, and it changed around -$1.28 or -35.56% from the last close, which brings the market valuation of the company to $11.67M. ARTW at last check was trading at a discount to its 52-week high of $4.15, offering almost -78.88% off that amount. The share price’s 52-week low was $1.33, which indicates that the recent value has risen by an impressive 42.67% since then. We note from Art’s-way Manufacturing Co. Inc’s average daily trading volume that its 10-day average is 0.65 million shares, with the 3-month average coming to 118.76K.

Art’s-way Manufacturing Co. Inc (NASDAQ:ARTW) trade information

Instantly ARTW has been showing red trend so far today with a performance of -35.56% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 4.15 on recent trading dayincreased the stock’s daily price by 44.1%. The company’s shares are currently up 12.08% year-to-date, but still up 52.63% over the last five days. On the other hand, Art’s-way Manufacturing Co. Inc (NASDAQ:ARTW) is 36.87% up in the 30-day period. We can see from the shorts that 8004.0 shares have been sold at a short interest cover period of 0.63 day(s).

ARTW Dividends

Art’s-way Manufacturing Co. Inc’s next quarterly earnings report is expected to be released in January. The average dividend yield for the past five years averaged 1.21 per year.

Art’s-way Manufacturing Co. Inc (NASDAQ:ARTW)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 53.53% of Art’s-way Manufacturing Co. Inc shares, and 3.27% of them are in the hands of institutional investors. The stock currently has a share float of 7.04%. Art’s-way Manufacturing Co. Inc stock is held by 12.0 institutions, with RENAISSANCE TECHNOLOGIES LLC being the largest institutional investor. By 2024-06-30, it held 0.8243% of the shares, which is about 41774.0 shares worth $65167.0.

DIMENSIONAL FUND ADVISORS LP, with 0.4498% or 22795.0 shares worth $36928.0 as of 2024-06-30, holds the second largest percentage of outstanding shares.

Fidelity Extended Market Index Fund and Vanguard Extended Market Index Fund were the top two Mutual Funds as of Oct 31, 2024 . The former held 10.92 shares worth $24087.0, making up 0.22% of all outstanding shares. On the other hand, Vanguard Extended Market Index Fund held roughly 10.16 shares worth around $22411.0, which represents about 0.20% of the total shares outstanding.