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Acme United Corporation Board Approves Cash Dividend
Globe Newswire (Mon, 16-Dec 9:55 AM ET)
Acme United Corporation to Present at the 16th Annual Southwest IDEAS Investor Conference
Globe Newswire (Wed, 13-Nov 9:00 AM ET)
Acme United Corp is a supplier of first aid and medical products and cutting technology to the school, home, office, hardware, sporting goods, and industrial markets. Its principal products sold across all segments are first aid kits and medical products, scissors, shears, knives, rulers, pencil sharpeners, and sharpening tools. The Company sells its products to mass market and e-commerce retailers, industrial distributors, wholesale, contract, and retail stationery distributors, office supply superstores, sporting goods stores, and hardware chains. The Company's reportable business segments consist of the United States, Canada, and Europe, out of which the majority of the company's revenue is derived from the United States.
Acme United Corporation. trades on the AMEX stock market under the symbol ACU.
As of January 27, 2025, ACU stock price declined to $35.77 with 3,345 million shares trading.
ACU has a market cap of $133.83 million. This is considered a Micro Cap stock.
Last quarter Acme United Corporation. reported $48 million in Revenue and $.54 earnings per share. This fell short of revenue expectation by $-5 million and missed earnings estimates by -$.18.
In the last 3 years, ACU traded as high as $50.99 and as low as $21.11.
The top ETF exchange traded funds that ACU belongs to (by Net Assets): VTI, VXF, AVUV, DES, DFAT.
ACU has underperformed the market in the last year with a return of -23.3%, while the SPY ETF gained +24.4%. In the last 3 month period, ACU fell short of the market, returning -10.8%, while SPY returned +3.9%. However, in the most recent 2 weeks ACU has outperformed the stock market by returning +3.1%, while SPY returned +3.1%.
ACU support price is $35.11 and resistance is $37.43 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ACU shares will trade within this expected range on the day.