Markets
Yesterday it was reported that the Chairman & CEO of Acme United (ACU – Research Report), Walter Johnsen, exercised options to sell 20,400 ACU shares at $10.02 a share, for a total transaction value of $899.9K.
Following Walter Johnsen’s last ACU Sell transaction on October 26, 2018, the stock climbed by 30.6%. In addition to Walter Johnsen, 2 other ACU executives reported Sell trades in the last month.
Based on Acme United’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $40.87 million and quarterly net profit of $2.04 million. In comparison, last year the company earned revenue of $33.87 million and had a net profit of $976.6K. The company has a one-year high of $48.31 and a one-year low of $19.55. Currently, Acme United has an average volume of 52.77K.