Ajinomoto (OTCMKTS:AJINY) Shares Cross Below Fifty Day Moving Average – Should You Sell?

Ajinomoto Co., Inc. (OTCMKTS:AJINYGet Free Report)’s stock price passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $40.85 and traded as low as $40.64. Ajinomoto shares last traded at $40.88, with a volume of 19,434 shares traded.

Ajinomoto Price Performance

The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.20 and a current ratio of 2.11. The stock’s fifty day moving average price is $40.85 and its 200-day moving average price is $38.88. The firm has a market cap of $20.78 billion, a PE ratio of 34.35 and a beta of 0.12.

About Ajinomoto

(Get Free Report)

Ajinomoto Co, Inc engages in the seasonings and foods, frozen foods, and healthcare and other businesses in Japan and internationally. The Seasonings and Foods segment offers sauces and seasoning products under the AJI-NO-MOTO, HON-DASHI, Cook Do, Ajinomoto KK Consommé, Pure Select Mayonnaise, Ros Dee, Masako, Aji-ngon, Sazón, Sajiku, and CRISPY FRY names; and solutions and ingredients for foodservice and processed food manufacturers, processed foods, and restaurants, as well as industrial, retail, and other applications.

Further Reading

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