Aceto Corp (ACET) Drops 10.01% on February 05

Equities Staff  |

Aceto Corp (ACET) was one of the Russell 2000's biggest losers for Friday February 05 as the stock slid 10.01% to $20.68, a loss of $-2.3 per share. Starting at an opening price of $22.62 a share, the stock traded between $20.56 and $22.62 over the course of the trading day. Volume was 343,046 shares over 2,501 trades, against an average daily volume of 281,282 shares and a total float of 29.5 million.

The losses send Aceto Corp down to a market cap of $610.1 million. In the last year, Aceto Corp has traded between $32.20 and $18.03, and its 50-day SMA is currently $25.25 and 200-day SMA is $25.11.

The stock has a P/E Ratio of 17.8.

Aceto Corp is engaged in the marketing, sells and distribution of finished dosage form generic pharmaceuticals, nutraceutical products, pharmaceutical active ingredients and intermediates, and specialty performance chemicals.

Aceto Corp is based out of Port Washington, NY and has some 270 employees. Its CEO is Salvatore J. Guccione.

For a complete fundamental analysis analysis of Aceto Corp, check out’s Stock Valuation Analysis report for ACET. To see the latest independent stock recommendations from’s analysts, visit our Research section.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:



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