Ajinomoto (OTCMKTS:AJINY) Stock Price Crosses Above 50 Day Moving Average of $38.06

Ajinomoto Co., Inc. (OTCMKTS:AJINY) shares crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $38.06 and traded as high as $40.24. Ajinomoto shares last traded at $39.54, with a volume of 11,389 shares changing hands.

Ajinomoto Trading Down 2.3 %

The firm has a market capitalization of $19.93 billion, a PE ratio of 32.75 and a beta of 0.08. The company’s fifty day simple moving average is $38.05 and its 200-day simple moving average is $37.32. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.42 and a quick ratio of 0.84.

Ajinomoto (OTCMKTS:AJINY) last posted its quarterly earnings data on Monday, August 5th. The company reported $0.30 earnings per share (EPS) for the quarter. The company had revenue of $2.34 billion for the quarter. Ajinomoto had a return on equity of 9.36% and a net margin of 5.72%.

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.