Aceto Corp.‘s (ACET) MACD indicator has moved into bearish territory with a reading of -0.0236. The Zacks #4 Rank (“Sell”) stock declined nearly 2% to $6.61 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending June 2010 has decreased by 15 cents over the past week to 42 cents per share.
“ACET” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research