Aceto (ACET) to Release Earnings on Thursday
Aceto (NASDAQ:ACET) is scheduled to post its Q314 quarterly earnings results on Thursday, September 4th. Analysts expect Aceto to post earnings of $0.17 per share and revenue of $134.23 million for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.
Aceto (NASDAQ:ACET) opened at 19.49 on Wednesday. Aceto has a 52-week low of $14.28 and a 52-week high of $25.25. The stock has a 50-day moving average of $18.10 and a 200-day moving average of $18.83. The company has a market cap of $559.9 million and a price-to-earnings ratio of 18.99.
In other Aceto news, Director Hans C. Noetzli sold 2,000 shares of the stock on the open market in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $18.85, for a total transaction of $37,700.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
Aceto Corporation (NASDAQ:ACET) is primarily engaged in the sourcing, regulatory support, quality assurance, marketing, sales and distribution of pharmaceutical intermediates and active ingredients, finished dosage form generics, nutraceutical products, agricultural protection products and specialty chemicals used principally as finished products or raw materials in the pharmaceutical, nutraceutical, agricultural, coatings and industrial chemical consuming industries.
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