** Shares of Acme United Corporation down 6.65% at $40.87

** Co posts Q3 revenue of $48.2 mln, down 4% from $50.4 mln a year ago

** Reports Q3 EPS of 54 cents vs 58 cents reported a year earlier

** Co says Q3 net sales in U.S. and Canada segments decreased 6% and 1%, respectively

** 2 brokerages covering the stock rate it "buy"; their median PT is $55.50

** As of last close, stock down ~4.69% YTD

(Reporting by Ankita Bora in Bengaluru)

((Ankita.Bora@thomsonreuters.com;))