Is This Stock a Screaming Buy: Acme United Corp. (:ACU)

Equity Research firms currently have a positive stance on shares of Acme United Corp. (:ACU). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.00. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $25.25 on a short term basis.

At the time of writing, the stock was trading at $20.49. This represents a change from the opening price of 2.45%. In terms of performance, year to date, the stock is 20.38%. The monthly stock performance comes in at -2.53%. For the quarter, shares are performing at 7.78%. Weekly performance analysis shows the equity at -2.15%.

In taking a look at technical levels, shares are trading -1.69% away from the 50 day simple moving average and 15.32% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -7.23% away from it’s 52- week high and 60.07% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Acme United Corp.’s RSI stands at 44.20. In looking at volatility levels, the shares saw weekly volatility of 3.46% and 3.84% over the past month.

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