Ajinomoto (OTCMKTS:AJINY) Shares Cross Below Fifty Day Moving Average of $37.24

Ajinomoto Co., Inc. (OTCMKTS:AJINY)’s stock price passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $37.24 and traded as low as $35.58. Ajinomoto shares last traded at $35.72, with a volume of 63,741 shares trading hands.

Ajinomoto Stock Up 0.7 %

The stock has a market capitalization of $18.63 billion, a price-to-earnings ratio of 27.48 and a beta of 0.08. The firm has a 50 day simple moving average of $37.24 and a 200-day simple moving average of $37.85. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.37 and a quick ratio of 0.84.

Ajinomoto (OTCMKTS:AJINY) last announced its earnings results on Tuesday, February 6th. The company reported $0.41 earnings per share (EPS) for the quarter. Ajinomoto had a net margin of 6.78% and a return on equity of 11.16%. The business had revenue of $2.57 billion during the quarter.

About Ajinomoto

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 flavored 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.