The CEO & COB of Acme United Corporation (ACU) is Buying Shares


Today, the CEO & COB of Acme United Corporation (NYSE: ACU), Walter Johnsen, bought shares of ACU for $8,830.

This is Johnsen’s first Buy trade following 6 Sell transactions.

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Based on Acme United Corporation’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $34.73 million and quarterly net profit of $807K. In comparison, last year the company earned revenue of $33.79 million and had a net profit of $1.2 million. ACU’s market cap is $55.67M and the company has a P/E ratio of 17.93. Currently, Acme United Corporation has an average volume of 27.83K.

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Acme United Corp. engages in supplying of cutting devices, measuring instruments, and safety products for school, home, office, hardware and industrial use. It operates through the following geographical segments: United States, Canada, and Europe. The company was founded in 1867 and is headquartered in Fairfield, CT.

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