Ajinomoto (OTCMKTS:AJINY) Shares Cross Above Fifty Day Moving Average - Should You Sell?

Ajinomoto Co., Inc. (OTCMKTS:AJINY - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $40.52 and traded as high as $41.04. Ajinomoto shares last traded at $40.94, with a volume of 14,769 shares trading hands.

Ajinomoto Price Performance

The company has a 50-day moving average of $40.51 and a 200-day moving average of $39.89. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.16 and a current ratio of 1.93. The firm has a market capitalization of $20.68 billion, a price-to-earnings ratio of 33.91 and a beta of 0.14.

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

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.