Herbalife Ltd. (NYSE:HLF)’s stock price had been recovering in recent weeks after bulls got over the initial shock that the Federal Trade Commission has launched a probe into the multi-level marketing firm’s business practices, but all that ground was lost again after Fox Business News journalist Charlie Gasparino tweetedthat ABC’s 20/20 intended to run a segment making similar allegations to those of hedge fund manager Bill Ackman, specifically that the company makes fraudulent claims to recruit distributors and acts more like a pyramid scheme than a legitimate business. Herbalife Ltd. (NYSE:HLF) shares after opening at $59.39 moved to $61.30 on last trade day and at the end of the day closed at $51.48. Company price to sales ratio in past twelve months was calculated as 1.08 and price to cash ratio as 5.36. Herbalife Ltd. (NYSE:HLF) showed a negative weekly performance of -9.92%.
China XD Plastics Co Ltd (NASDAQ:CXDC) is on a reversal after it soared enormously a day earlier on account of its easy beat to the analysts’ expectations in the fourth quarter. China XD Plastics Co Ltd (NASDAQ:CXDC) shares advanced 4.85% in last trading session and ended the day on $6.05. CXDC return on equity ratio is recorded as 26.90% and its return on assets is 10.70%. China XD Plastics Co Ltd (NASDAQ:CXDC) yearly performance is 49.01%.
Escalade, Inc. (NASDAQ:ESCA) issued a press release announcing that a quarterly dividend of nine cents $0.09 per share would be paid to all shareholders of record on March 13, 2014 and disbursed on March 20, 2014. Escalade, Inc. (NASDAQ:ESCA) shares moved down -1.54% in last trading session and was closed at $14.70 while trading in range of $12.82 -$15.03 – Escalade, Inc. (NASDAQ:ESCA) year to date (YTD) performance is 25.86%.
Acme United Corporation (NYSEMKT:ACU) announced that it has sold its Fremont, NC plant for $850,000, and will record a gain of approximately $200,000 in the second quarter of 2014. The purchaser was Kaya Products Corporation based in Gunma, Japan. Acme United Corporation (NYSEMKT:ACU) weekly performance is 5.15%. On last trading day company shares ended up $17.35. Acme United Corporation (NYSEMKT:ACU)distance from 50-day simple moving average (SMA50) is 7.33%. Analysts mean target price for the company is $17.00.