Ajinomoto (OTCMKTS:AJINY) Stock Passes Above Fifty Day Moving Average – Here’s Why

Shares of Ajinomoto Co., Inc. (OTCMKTS:AJINYGet Free Report) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $40.67 and traded as high as $42.83. Ajinomoto shares last traded at $39.85, with a volume of 6,552 shares trading hands.

Ajinomoto Trading Down 2.2 %

The company’s 50-day moving average is $40.67 and its 200 day moving average is $40.19. The company has a current ratio of 1.93, a quick ratio of 1.16 and a debt-to-equity ratio of 0.50. The firm has a market cap of $20.26 billion, a PE ratio of 33.21 and a beta of 0.14.

Ajinomoto (OTCMKTS:AJINYGet Free Report) last issued its earnings results on Monday, February 3rd. The company reported $0.42 EPS for the quarter. Ajinomoto had a return on equity of 10.45% and a net margin of 6.02%.

Ajinomoto Company Profile

(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.

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