Is This Stock a Screaming Buy: Art’s-Way Manufacturing Co. Inc. (NASDAQ:ARTW)

Equity Research firms currently have a positive stance on shares of Art’s-Way Manufacturing Co. Inc. (NASDAQ:ARTW). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.00. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $7.00 on a short term basis.

At the time of writing, the stock was trading at $2.93. This represents a change from the opening price of 1.04%. In terms of performance, year to date, the stock is -7.10%. The monthly stock performance comes in at -3.68%. For the quarter, shares are performing at -5.88%. Weekly performance analysis shows the equity at -1.03%.

In taking a look at technical levels, shares are trading 0.59% away from the 50 day simple moving average and -0.87% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -13.82% away from it’s 52- week high and 19.11% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Art’s-Way Manufacturing Co. Inc.’s RSI stands at 52.45. In looking at volatility levels, the shares saw weekly volatility of 2.78% and 1.60% over the past month.

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