Acme United Corporation (NYSE:ACU)
December 6th, 2018
Acme United Corporation finished Thursday’s trading session down 0.93%, a $0.14 decrease to close on $14.90. As well as the drop in value, Acme United Corporation hit a new 52 week low of $14.58, breaking the previous low of $14.60 from earlier this July. Acme United Corporation swung 7.27% between low and high.
ACU was outperformed by the rest of the Industrials sector which went down only 0.55%.
Expectations from 2 analysts points to the possibility that Acme United Corporation could rise significantly (55%), while Finbox has calculated (with low uncertainty) a fair value price of $18.23.
The market sectors were mixed Thursday with a majority of the sectors trending down. Real Estate saw the biggest increase of the day (2.66%), while Energy saw the biggest drop (1.77%). Healthcare has seen the biggest year-to-date gain at 13%. The biggest loss this year has been the Communication Services sector declining 13%.
Communication Services saw the biggest turnaround from its 5-day performance of -0.23%, as it went up 1.04%. Energy and Materials saw turn arounds from their five day positive performance, Energy with a drop of 1.77%.
- Real Estate went up with a 2.66% change.
- Communication Services went up with a 1.04% change.
- Consumer Discretionary went up with a 0.61% change.
- Information Technology went up with a 0.23% change.
- Utilities went down with a -0.10% change.
- Consumer Staples went down with a -0.10% change.
- Healthcare went down with a -0.31% change.
- Industrials went down with a -0.55% change.
- Materials went down with a -1.36% change.
- Financials went down with a -1.44% change.
- Energy went down with a -1.77% change.
Acme United Corporation Info
Acme United Corporation, together with its subsidiaries, supplies cutting, measuring, first aid, and sharpening products to the school, home, office, hardware, sporting good, and industrial markets in the United States, Canada, Europe, and Asia. It offers scissors, shears, rulers, pencil sharpeners, paper trimmers, lettering products, and math tools under the Westcott brand name; and cutting tools for hardware and industrial, lawn and garden, food processing, sewing, and housewares channels under the Clauss brand. The company also provides fixed blade, folding, carnivore X machete, ravenous tomahawk, heat sizzle, and wildfire knives, as well as tactical tools and trench multi tool products under the Camillus brand name; first pocket sharpeners under the Glide brand; fishing tools and knives under the Cuda brand; cut and puncture resistant gloves under Kevlar brand; and sharpening tools for knives, scissors, chisels, skis, skates, and other edges under the DMT brand name. In addition, it offers first aid kits, refills, and safety products under the First Aid Only brand; first aid kits, industrial stations and refills, and emergency medical travel and recreational kits under the Pac-Kit brand; first aid kits, emergency and disaster kits, and kit refills, as well as hearing, eye, head protection, and ergonomic supports and braces; over-the-counter medications, including active ingredients aspirin, acetaminophen, and ibuprofen under the PhysiciansCare brand; and absorbents and clean up kits under the Spill Magic brand. The company sells its products directly and through its independent manufacturer representatives to wholesale, contract, and retail stationery distributors; office supply super stores; wholesale florists; mass market; e-commerce retailers; and hardware chains. The company was formerly known as Acme Shear Company and changed its name to Acme United Corporation in 1971. The company was founded in 1867 and is headquartered in Fairfield, Connecticut.
All amounts in USD unless otherwise indicated
Media Gazelle Inc (MG), a Nevada Corporation, owns and operates the online brand US Tribune News. MG does not offer financial advise, and is not a registered broker/dealer/analyst/adviser, holds no investment licenses, and may not sell, offer to sell or offer to buy any security. MG’s market updates, news are not a solicitation or recommendation to buy, sell or hold securities. MG shall not be held liable for any investment losses you may incur by using the information provided, this includes you trading the stocks mentioned on our sites. We recommend you talk to a financial adviser before trading any securities or taking any action based upon information on this site. MG does not guarantee the accuracy of the article.