Cypress Energy Partners, L.P. (CELP) Forms $6.60 Double Bottom; Aceto (ACET) Sentiment Is 1.06

May 18, 2018 - By Adrian Mccoy

Cypress Energy Partners, L.P. (CELP) formed double bottom with $6.01 target or 9.00% below today’s $6.60 share price. Cypress Energy Partners, L.P. (CELP) has $78.58 million valuation. The stock increased 4.76% or $0.3 during the last trading session, reaching $6.6. About 35,811 shares traded or 115.92% up from the average. Cypress Energy Partners, L.P. (NYSE:CELP) has declined 30.15% since May 18, 2017 and is downtrending. It has underperformed by 41.70% the S&P500.

Aceto Corp (ACET) investors sentiment decreased to 1.06 in Q4 2017. It’s down -0.22, from 1.28 in 2017Q3. The ratio has dropped, as 57 hedge funds increased or opened new holdings, while 54 sold and trimmed positions in Aceto Corp. The hedge funds in our database reported: 23.17 million shares, down from 23.93 million shares in 2017Q3. Also, the number of hedge funds holding Aceto Corp in top ten holdings was flat from 0 to 0 for the same number . Sold All: 19 Reduced: 35 Increased: 33 New Position: 24.

Analysts await Aceto Corporation (NASDAQ:ACET) to report earnings on August, 23. They expect $0.26 earnings per share, down 3.70% or $0.01 from last year’s $0.27 per share. ACET’s profit will be $8.00M for 2.65 P/E if the $0.26 EPS becomes a reality. After $0.01 actual earnings per share reported by Aceto Corporation for the previous quarter, Wall Street now forecasts 2,500.00% EPS growth.

Aceto Corporation, together with its subsidiaries, sources, markets, sells, and distributes finished dosage form generics, nutraceutical products, pharmaceutical intermediates and active ingredients, agricultural protection products, and specialty chemicals. The company has market cap of $84.98 million. The firm operates in three divisions: Human Health, Pharmaceutical Ingredients, and Performance Chemicals. It currently has negative earnings. The Human Health segment supplies raw materials used in the production of nutritional and packaged dietary supplements, including vitamins, amino acids, iron compounds, and bio chemicals used in pharmaceutical and nutritional preparations.

Since January 1, 0001, it had 0 buys, and 1 sale for $3,225 activity.

More notable recent Aceto Corporation (NASDAQ:ACET) news were published by: 247Wallst.com which released: “Aceto Has a Heart Attack” on April 19, 2018, also Digitaljournal.com with their article: “NASDAQ:ACET Shareholder Notice: Lawsuit Alleges Misleading Statements by Aceto Corporation” published on May 15, 2018, Seekingalpha.com published: “Aceto Corporation 2018 Q3 – Results – Earnings Call Slides” on May 07, 2018. More interesting news about Aceto Corporation (NASDAQ:ACET) were released by: Benzinga.com and their article: “Earnings Outlook For Aceto” published on May 03, 2018 as well as Globenewswire.com‘s news article titled: “ACETO Reports Fiscal 2018 Third Quarter Results” with publication date: May 03, 2018.

Hillcrest Asset Management Llc holds 0.89% of its portfolio in Aceto Corporation for 460,274 shares. Perritt Capital Management Inc owns 134,194 shares or 0.39% of their US portfolio. Moreover, Denver Investment Advisors Llc has 0.36% invested in the company for 697,394 shares. The New York-based Hutchin Hill Capital Lp has invested 0.23% in the stock. Campbell & Co Investment Adviser Llc, a Maryland-based fund reported 11,029 shares.

The stock decreased 2.13% or $0.06 during the last trading session, reaching $2.76. About 338,613 shares traded. Aceto Corporation (ACET) has declined 50.70% since May 18, 2017 and is downtrending. It has underperformed by 62.25% the S&P500.

Among 4 analysts covering Cypress Energy Partners (NYSE:CELP), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. Cypress Energy Partners has $13 highest and $600 lowest target. $8.67’s average target is 31.36% above currents $6.6 stock price. Cypress Energy Partners had 18 analyst reports since August 14, 2015 according to SRatingsIntel. The rating was downgraded by Raymond James on Wednesday, February 3 to “Outperform”. The company was downgraded on Tuesday, February 16 by Robert W. Baird. The firm has “Buy” rating given on Wednesday, September 28 by Stifel Nicolaus. Robert W. Baird maintained Cypress Energy Partners, L.P. (NYSE:CELP) rating on Tuesday, August 22. Robert W. Baird has “Hold” rating and $8.0 target. The stock has “Hold” rating by Stifel Nicolaus on Wednesday, November 15. The stock of Cypress Energy Partners, L.P. (NYSE:CELP) has “Hold” rating given on Thursday, October 5 by Stifel Nicolaus. Stifel Nicolaus downgraded Cypress Energy Partners, L.P. (NYSE:CELP) on Friday, March 17 to “Hold” rating. Janney Capital downgraded the stock to “Neutral” rating in Tuesday, December 20 report. The firm has “Hold” rating given on Thursday, August 31 by Stifel Nicolaus. The rating was maintained by Stifel Nicolaus with “Hold” on Thursday, June 22.

Investors sentiment increased to 11 in Q4 2017. Its up 8.50, from 2.5 in 2017Q3. It increased, as 1 investors sold Cypress Energy Partners, L.P. shares while 0 reduced holdings. 7 funds opened positions while 4 raised stakes. 326,366 shares or 304.87% more from 80,610 shares in 2017Q3 were reported. Morgan Stanley holds 0% or 6,443 shares in its portfolio. Deutsche National Bank & Trust Ag accumulated 0% or 31,799 shares. Commercial Bank Of America Corp De holds 0% or 3,200 shares in its portfolio. Moreover, Wells Fargo And Mn has 0% invested in Cypress Energy Partners, L.P. (NYSE:CELP) for 1,501 shares. Virtu Finance Ltd Liability has 10,677 shares. Gsa Capital Ptnrs Llp holds 0.01% or 15,499 shares. 334 were accumulated by Perigon Wealth Mngmt Ltd Liability Company. Raymond James Assocs invested 0% in Cypress Energy Partners, L.P. (NYSE:CELP). Renaissance Ltd Limited Liability Company stated it has 16,300 shares or 0% of all its holdings.

Cypress Energy Partners, L.P. (NYSE:CELP) Institutional Positions Chart

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