Ajinomoto (OTCMKTS:AJINY) Stock Price Crosses Below 50-Day Moving Average – What’s Next?

Ajinomoto Co., Inc. (OTCMKTS:AJINY)’s share price crossed 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.

Ajinomoto Trading Up 0.4 %

The company has a fifty day moving average of $40.85 and a two-hundred day moving average of $38.88. The company has a quick ratio of 1.20, a current ratio of 2.11 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of $20.78 billion, a price-to-earnings ratio of 34.35 and a beta of 0.12.

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 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.