.png "Acme United Corporation (NYSE: ACU)")
Today, the Pres, Chief Operations Officer of Acme United Corporation (NYSE: ACU), Brian Olschan, bought shares of ACU for $60.66K.
This is Olschan’s first Buy trade following 24 Sell transactions. Following this transaction Brian Olschan’s holding in the company was increased by 15.16% to a total of $854.8K.
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Based on Acme United Corporation’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $39.75 million and quarterly net profit of $2.44 million. In comparison, last year the company earned revenue of $38.85 million and had a net profit of $2.85 million. ACU’s market cap is $72.88M and the company has a P/E ratio of 21.39. Currently, Acme United Corporation has an average volume of 1,898.
In the last 30 days, insiders have sold $266.4K worth of ACU shares and purchased $60.66K worth of ACU shares.
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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.
