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Aceto Down 21.9% Since SmarTrend Downtrend Call (ACET)

By Nick Russo

SmarTrend identified a Downtrend for Aceto (NASDAQ:ACET) on January 30th, 2017 at $19.28. In approximately 3 months, Aceto has returned 21.92% as of today's recent price of $15.05.

Aceto share prices have moved between a 52-week high of $32.20 and a 52-week low of $14.31 and are now trading 5% above that low price at $15.05 per share. The 200-day and 50-day moving averages have moved 0.31% lower and 0.24% higher over the past week, respectively.

Aceto Corporation develops, manufactures, distributes, and markets fine and industrial chemicals. The Company's chemicals are used in the agricultural, color producing, pharmaceutical, and surface coating industries.

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

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

Keywords: spotlights aceto

Ticker(s): ACET