Acme United Corporation (NYSEMKT:ACU) is admittedly a boring business – the company manufactures and distributes knives, office supplies, and first aid products to school, home, office, and sporting goods markets. Despite selling seemingly commoditized products with zero barriers to entry, the company has achieved an EPS CAGR of 18% since 2002 while posting average return on equity of 15%.I am pitching ACU as a buy, as it is my belief that the stock should be selling at least 20% higher based on strong. Acme United Corporation (NYSEMKT:ACU) shares after opening at $17.22 moved to $17.79 on last trade day and at the end of the day closed at $17.39. Company price to sales ratio in past twelve months was calculated as 0.62 and price to cash ratio as 4.78. Acme United Corporation (NYSEMKT:ACU) showed a positive weekly performance of 2.60%.
Fuel Systems Solutions (NASDAQ:FSYS)’s share price traded down 4.8% on Monday after Lake Street Capital downgraded the stock from a buy rating to a hold rating, Analyst Ratings.Netreports. The company traded as low as $10.02 and last traded at $10.18, with a volume of 658,090 shares. The stock had previously closed at $10.69.Fuel Systems Solutions, Inc. (NASDAQ:FSYS) shares fell -3.37% in last trading session and ended the day on $10.33. FSYS return on equity ratio is recorded as -5.80% and its return on assets is -4.30%. Fuel Systems Solutions, Inc. (NASDAQ:FSYS) yearly performance is -38.91%.
MGP Ingredients Inc (NASDAQ:MGPI) announced its fourth quarter results on Wednesday, wherein it achieved highest quarterly gross margin for the year 2013, due to favorable basis management and new crop corn prices. The company’s net loss during the quarter came in at $0.04 million, which translates into ($0.02) per share and its revenue was at $77.29 million, recording a decline of 10.5% year over year. The decrease in net sales is related to the reduced sourcing of alcohol from joint ventures. For the year 2013, the net sales fell 3.3% to $323.2 million and the gross profit generated for the year was 6.6% as against 7.5% in the previous year. MGP Ingredients Inc (NASDAQ:MGPI) anticipates to keep its gross margin strong for the year 2014.MGP Ingredients Inc (NASDAQ:MGPI) shares moved up 2.31% in last trading session and was closed at $6.20, while trading in range of $6.06-$6.20.MGP Ingredients Inc (NASDAQ:MGPI) year to date performance is 20.39%.
China Electric Motor, Inc. (OTCMKTS:CELM) is a China-based company that engages in the design, production, marketing and sale of micro motor products through its subsidiaries, Shenzhen YuePengCheng Motor Co., Ltd. and Ningbo Heng Bang Long Electrical Equipment Co., Ltd. The Company’s products are incorporated into consumer electronics, automobiles, power tools, toys and household appliances, and are sold under its “Sunna” brand name. The Company provides micro motor products that meet the growing demand for efficient, quiet and compact motors from manufacturers of consumer electronics, automobiles, power tools, toys and household appliances. China Electric Motor, Inc. sells its products directly to original equipment manufacturers and to distributors and resellers both domestically in the People’s Republic of China and internationally to customers in Korea and Hong Kong. The Company’s manufacturing facilities are located in Shenzhen, Guangdong and Ningbo, Zhejiang. China Electric Motor, Inc. (OTCMKTS:CELM) weekly performance is 33.33%. On last trading day company shares ended up $0.0800. China Electric Motor, Inc. (OTCMKTS:CELM) distance from 50-day simple moving average is 14.29%. Analysts mean target price for the company is $80.30.
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