Acme United Corporation (ACU) was Initiated by DA Davidson to “Buy” and the brokerage firm has set the Price Target at $26. DA Davidson advised their investors in a research report released on Jul 1, 2016.
Acme United Corporation closed down -0.028 points or -0.15% at $18.182 with 500 shares getting traded on Wednesday. Post opening the session at $18.05, the shares hit an intraday low of $18.05 and an intraday high of $18.182 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
In a different news, on Apr 26, 2016, Paul G Driscoll (Vice President and CFO) sold 4,817 shares at $17.20 per share price. According to the SEC, on Mar 9, 2016, Brian S Olschan (Pres, Chief Operations Officer) sold 175 shares at $17.50 per share price. On Jun 11, 2015, Richmond Y Jr Holden (director) sold 3,800 shares at $18.02 per share price, according to the Form-4 filing with the securities and exchange commission.
Acme United Corporation is a supplier of cutting measuring and first aid products to the school home office hardware sporting goods and industrial markets. The Company’s operations are in the United States Canada Europe and Asia. The Company operates in three segments: United States; Canada and Europe. The operations in the United States Canada and Europe are involved in product development marketing sales administrative and distribution activities. The products offered across all segments scissors shears knives rulers pencil sharpeners first aid kits and related products which are sold primarily to wholesale contract and retail stationery distributors mass market retailers industrial distributors school supply distributors drug store retailers sporting goods stores hardware chains and wholesale florists. The Company markets and sells six brands which include Westcott Clauss Camillus PhysiciansCare Pac-Kit and First Aid Only.