Aceto Corp (ACET) is Trading Lower on Unusual Volume for February 05

Equities Staff |

Aceto Corp (ACET) experienced unusually high volume on Feb. 05, as the stock lost 10.01% to a closing price of $20.68. The stock saw 343,046 shares trade hands over the course of the day on 2,501 trades. Given that the stock’s average daily volume over the last month has been 217,327 shares a day, this represents a pretty substantial spike over the norm.

Aceto Corp has a P/B ratio of 2.3. It also has a P/E ratio of 17.8. The stock has traded between $32.20 and $18.03 over the last 52-weeks, its 50-day SMA is now $25.25, and its 200-day SMA $25.11.

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.

Headquartered in Port Washington, NY, Aceto Corp has 270 employees and is currently under the leadership of CEO 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.

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For more news on the financial markets, go to Equities.com. 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.



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