Is Art’s-way Manufacturing Co. Inc (NASDAQ: ARTW) A Disaster Waiting To Happen Or Is It A Chance To Make Money?

In the last trading session, 2.93 million Art’s-way Manufacturing Co. Inc (NASDAQ:ARTW) shares changed hands as the company’s beta touched 0.35. With the company’s per share price at $1.92 changed hands at $0.08 or 4.35% during last session, the market valuation stood at $9.66M. ARTW’s last price was a discount, traded about -116.15% off its 52-week high of $4.15. The share price had its 52-week low at $1.33, which suggests the last value was 30.73% up since then. When we look at Art’s-way Manufacturing Co. Inc’s average trading volume, we note the 10-day average is 1.2 million shares, with the 3-month average coming to 157.76K.

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

Instantly ARTW was in green as seen at the end of in last trading. With action -14.29%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -11.52%, with the 5-day performance at -14.29% in the red. However, in the 30-day time frame, Art’s-way Manufacturing Co. Inc (NASDAQ:ARTW) is 21.14% up. Looking at the short shares, we see there were 8004.0 shares sold at short interest cover period of 0.63 days.

ARTW Dividends

Art’s-way Manufacturing Co. Inc is expected to release its next quarterly earnings report in February. During the past 5 years, the average dividend yield was 1.21 per year.

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

If we look at who the major shareholders are, we find that insiders hold 53.53% of Art’s-way Manufacturing Co. Inc shares while 3.27% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 7.04%. There are 3.27% institutions holding the Art’s-way Manufacturing Co. Inc stock share, with RENAISSANCE TECHNOLOGIES LLC the top institutional holder. As of 2024-06-30, the company held 0.8243% of the shares, roughly 41774.0 ARTW shares worth $65167.0.

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

Among Mutual Funds, the top two as of Nov 30, 2024 were Fidelity Extended Market Index Fund and Vanguard Extended Market Index Fund . With 10.85 shares estimated at $20835.0 under it, the former controlled 0.22% of total outstanding shares. On the other hand, Vanguard Extended Market Index Fund held about 0.20% of the shares, roughly 10.16 shares worth around $19514.0.