Revenue Update on Arts-Way Manufacturing Co.(NASDAQ:ARTW)

Arts-Way Manufacturing Co.(NASDAQ:ARTW) announced the earnings results for Fiscal Year 2016 and Q3. The results came in during Pre-market on Oct 5, 2016. Earnings per share were $-0.04.

Arts-Way Manufacturing Co. (ARTW) shares turned negative on Fridays trading session with the shares closing down -0.0556 points or -1.86% at a volume of 267. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $2.9344. The peak price level was also seen at $2.9344 while the days lowest was $2.93. Finally the shares closed at $2.9344. The 52-week high of the shares is $3.4 while the 52-week low is $2.46. According to the latest information available, the market cap of the company is $12 M.

Several Insider Transactions has been reported to the SEC. On Aug 29, 2016, J Ward Jr Mcconnell (director 10% owner) purchased 1,000 shares at $2.74 per share price.Also, On Feb 16, 2016, Carrie L Majeski (CEO) purchased 1,090 shares at $2.85 per share price.On Oct 23, 2015, Marc H Mcconnell (director) purchased 580 shares at $3.10 per share price, according to the Form-4 filing with the securities and exchange commission.

Art’s-Way Manufacturing Co. Inc. is primarily engaged in the fabrication and sale of specialized farm machinery in the agricultural sector. The Company’s primary product offerings include portable and stationary animal feed processing equipment hay and forage equipment sugar beet harvesting equipment land maintenance equipment a line of portable grain augers a line of manure spreaders moldboard plows and a line of reels. Its operational segments include the agricultural products segment the pressurized vessels segment the modular building segment and the tools segment. The agricultural products segment manufactures and distributes farm equipment. The pressurized vessels segment manufactures pressure vessels. The modular building segment manufactures modular buildings for animal containment and research laboratories. The tools segment manufactures single point brazed carbide tipped tools as well as PCD (polycrystalline diamond) and CBN (cubic boron nitride) inserts and tools.

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