ASV Holdings Inc (NASDAQ:ASV)’s share price hit a new 52-week low during trading on Thursday . The company traded as low as $2.73 and last traded at $2.80, with a volume of 200 shares traded. The stock had previously closed at $2.90.

A number of equities analysts have recently commented on the stock. Barrington Research set a $9.00 target price on shares of ASV and gave the stock a “buy” rating in a research report on Tuesday, October 23rd. Zacks Investment Research raised shares of ASV from a “sell” rating to a “hold” rating in a research report on Wednesday. Roth Capital set a $7.00 target price on shares of ASV and gave the stock a “buy” rating in a research report on Monday, November 5th. Finally, ValuEngine raised shares of ASV from a “sell” rating to a “hold” rating in a research report on Thursday, November 8th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. ASV presently has a consensus rating of “Buy” and an average price target of $7.56.

The firm has a market cap of $28.52 million, a PE ratio of 13.00 and a beta of 1.56. The company has a current ratio of 2.21, a quick ratio of 0.80 and a debt-to-equity ratio of 0.41.

ASV (NASDAQ:ASV) last issued its quarterly earnings data on Thursday, November 1st. The company reported $0.05 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.05. The company had revenue of $32.78 million for the quarter, compared to analyst estimates of $34.16 million. ASV had a negative net margin of 0.15% and a positive return on equity of 2.30%. On average, analysts anticipate that ASV Holdings Inc will post 0.12 EPS for the current fiscal year.

A hedge fund recently raised its stake in ASV stock. First Wilshire Securities Management Inc. boosted its position in ASV Holdings Inc (NASDAQ:ASV) by 10.7% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 576,519 shares of the company’s stock after purchasing an additional 55,709 shares during the period. First Wilshire Securities Management Inc. owned 5.86% of ASV worth $3,338,000 at the end of the most recent quarter. 44.64% of the stock is currently owned by institutional investors and hedge funds.

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ASV Holdings, Inc designs and manufactures compact construction equipment in North America, Australia, and New Zealand. It offers compact track loader and skid steer loader equipment under the ASV and Terex brands. The company also offers private label original equipment manufacturing services; and pre-and post-sale dealer support, after-sale technical support, and replacement parts.

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