Acme United Corp. CFO Sells $50,250 in Stock (ACU)
Acme United Corp. (NYSE:ACU) CFO Paul G. Driscoll sold 3,000 shares of the stock in a transaction that occurred on Monday, June 9th. The shares were sold at an average price of $16.75, for a total transaction of $50,250.00. Following the sale, the chief financial officer now directly owns 27,002 shares of the company’s stock, valued at approximately $452,284. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Shares of Acme United Corp. (NYSE:ACU) traded down 0.89% on Tuesday, hitting $17.265. The stock had a trading volume of 535 shares. Acme United Corp. has a 52-week low of $10.62 and a 52-week high of $19.47. The stock’s 50-day moving average is $16. and its 200-day moving average is $15.86. The company has a market cap of $55.5 million and a price-to-earnings ratio of 14.33.
Acme United Corp. (NYSE:ACU) last announced its earnings results on Thursday, April 17th. The company reported $0.11 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.11. The company had revenue of $19.20 million for the quarter, compared to the consensus estimate of $19.06 million. Analysts expect that Acme United Corp. will post $1.35 EPS for the current fiscal year.
Acme United Corporation is a worldwide supplier of cutting, measuring and safety products to the school, home, office, hardware and industrial markets.
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