Acme United Corp (NYSEAMERICAN: ACU) stock closed at $36.83 on 11/13/23 after a major increase of 18.7%. The stock has risen 11.3% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
ACU is expected to be a modest Value Eraser reflecting capital returns that are forecasted to fall short of the cost of capital.
Acme United has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Acme United has a very low Appreciation Score of 15 but a very high Power Rating of 92, leading to the Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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