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Value Alert - Aceto Corporation

|Includes:Aceto Corporation (ACET)

Texas (Mar. 16, 2013) Wax Ink has issued a New Investment Interest rating for Aceto Corporation (Nasdaq: ACET) based on a recent baseline equity review which placed fair value between $26-$30.

The recent close of $10.78 is approximately 30% below the fair value buy target for the stock and approximately 66% below the fair value close target for the stock. The recent close is also 14% below analysts' $12.50 median target for the stock.

The stock currently has a trailing twelve month PE Ratio of 13, a PEG Ratio of 0.2, and a Price to Tangible Book Ratio of 3.25.

In the past 52 weeks, share prices have moved between a high of $10.84 and a low of $7.90. With the recent close, the stock is trading 0.5% below the 52 week high and 27% above the 52 week low.

Aceto Corporation is engaged in the sourcing, quality assurance, regulatory support, marketing and distribution of chemically derived pharmaceuticals, biopharmaceuticals, specialty chemicals and crop protection products.

All valuations are based on the listed company's most recent SEC annual filing, and all prices are per share.

Wax Ink is a baseline equity research company comprised of individual investors, NOT licensed or registered with ANY government agency.

Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in ACET over the next 72 hours.

Stocks: ACET