Acme United Corp (NYSEAMERICAN: ACU) stock closed at $43.59 on 7/26/24 after a major increase of 12.5%. Moreover, trading volume in this advance was exceptionally high at 232% of normal. The stock has been weak relative to the market over the last nine months but has risen 17.7% during the last week.
Current PriceTarget Research Rating
ACU’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Acme United has a current Value Trend Rating of C (Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Acme United has a neutral Appreciation Score of 54 and a neutral Power Rating of 47, triggering 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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