Shares of NYSEAMERICAN ACU opened at $32.95 on Wednesday. The company has a debt-to-equity ratio of 0.56, a current ratio of 4.84 and a quick ratio of 2.29. The company has a market cap of $116.02 million, a PE ratio of 9.75 and a beta of 1.08. The firm’s fifty day moving average is $33.08. Acme United has a 12-month low of $29.82 and a 12-month high of $46.19.
Acme United (NYSEAMERICAN:ACU – Get Rating) last announced its earnings results on Friday, April 22nd. The company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.65 by ($0.43). The company had revenue of $43.33 million for the quarter. Acme United had a net margin of 7.54% and a return on equity of 19.21%.
Several institutional investors have recently bought and sold shares of ACU. Capital Management Corp VA boosted its position in shares of Acme United by 5.4% in the 4th quarter. Capital Management Corp VA now owns 465,180 shares of the company’s stock worth $15,677,000 after purchasing an additional 23,995 shares in the last quarter. Ridgewood Investments LLC raised its stake in Acme United by 94.5% in the 4th quarter. Ridgewood Investments LLC now owns 22,999 shares of the company’s stock worth $775,000 after acquiring an additional 11,174 shares during the last quarter. Renaissance Technologies LLC raised its stake in Acme United by 4.3% in the 3rd quarter. Renaissance Technologies LLC now owns 187,695 shares of the company’s stock worth $6,145,000 after acquiring an additional 7,800 shares during the last quarter. North Star Investment Management Corp. raised its stake in Acme United by 1.4% in the 4th quarter. North Star Investment Management Corp. now owns 400,017 shares of the company’s stock worth $13,481,000 after acquiring an additional 5,516 shares during the last quarter. Finally, BlackRock Inc. raised its stake in Acme United by 443.2% in the 3rd quarter. BlackRock Inc. now owns 6,545 shares of the company’s stock worth $214,000 after acquiring an additional 5,340 shares during the last quarter. 59.98% of the stock is owned by hedge funds and other institutional investors.
About Acme United (Get Rating)
Acme United Corporation supplies first aid and safety, cutting, sharpening, and measuring products to the school, home, office, hardware, sporting goods, and industrial markets in the United States, Canada, Europe, and internationally. The company offers scissors, shears, knives, rulers, pencil sharpeners, paper trimmers, safety cutters, lettering products, glue guns, and other craft products under the Westcott brand name; and cutting tools under the Clauss brand.
- Get a free copy of the StockNews.com research report on Acme United (ACU)
- These Are the Three (3) Most Upgraded Stocks For Q2
- MarketBeat: Week in Review 5/23 – 5/27
- Short Sellers Provide Entry Into Hibbet, Inc At Rock Bottom Prices
- Affirm Stock Has Affirmed a Bottom
- Airbnb: Bold Competitive Threats & A New World of Travel
Receive News & Ratings for Acme United Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Acme United and related companies with MarketBeat.com's FREE daily email newsletter.