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15.3% Return Seen to Date on SmarTrend Aceto Corp Call (ACET)

By James Quinn

SmarTrend identified a Downtrend for Aceto Corp (NASDAQ:ACET) on February 2nd, 2018 at $9.04. In approximately 1 month, Aceto Corp has returned 15.33% as of today's recent price of $7.65.

In the past 52 weeks, Aceto Corp share prices have been bracketed by a low of $6.95 and a high of $25.98 and are now at $7.65, 10% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.2% while the 200-day MA has slid 0.3%.

Aceto Corporation markets, sales, and distributes human health products, pharmaceutical ingredients, and performance chemicals. The Company offers finished dosage form generics, nutritionals, pharmaceutical intermediates, active pharmaceutical ingredients, specialty chemicals, and agricultural protection products.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Aceto Corp.

Log in and add Aceto Corp (ACET) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights aceto corp

Ticker(s): ACET