Ajinomoto (OTCMKTS:AJINY – Get Free Report) was upgraded by Citigroup to a “strong-buy” rating in a research note issued on Friday,Zacks.com reports.
Ajinomoto Stock Down 1.8 %
AJINY stock opened at $38.51 on Friday. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.93 and a quick ratio of 1.16. Ajinomoto has a 12 month low of $34.28 and a 12 month high of $44.84. The firm has a market capitalization of $19.58 billion, a PE ratio of 32.09 and a beta of 0.32. The company’s 50 day simple moving average is $40.62 and its 200-day simple moving average is $40.20.
Ajinomoto (OTCMKTS:AJINY – Get Free Report) last released its quarterly earnings results on Monday, February 3rd. The company reported $0.42 earnings per share for the quarter. Ajinomoto had a return on equity of 10.45% and a net margin of 6.02%.
Ajinomoto Company Profile
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.
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