Aceto Corp (ACET) was one of the Russell 2000's biggest losers for Monday January 04 as the stock slid 8.01% to $24.82, a loss of $-2.16 per share. Starting at an opening price of $26.47 a share, the stock traded between $24.71 and $26.90 over the course of the trading day. Volume was 207,730 shares over 2,068 trades, against an average daily volume of 296,242 shares and a total float of 29.5 million.
The losses send Aceto Corp down to a market cap of $732.24 million. In the last year, Aceto Corp has traded between $32.20 and $18.03, and its 50-day SMA is currently $27.81 and 200-day SMA is $24.95.
The stock has a P/E Ratio of 20.8.
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 Equities.com’s Stock Valuation Analysis report for ACET. To see the latest independent stock recommendations from Equities.com’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.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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