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Ajinomoto (OTCMKTS:AJINY) Stock Price Crosses Below 50 Day Moving Average - Should You Sell?

Ajinomoto logo with Consumer Staples background

Ajinomoto Co., Inc. (OTCMKTS:AJINY - Get Free Report)'s stock price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $41.12 and traded as low as $39.28. Ajinomoto shares last traded at $39.90, with a volume of 42,032 shares traded.

Ajinomoto Stock Down 0.1 %

The company has a debt-to-equity ratio of 0.53, a current ratio of 2.11 and a quick ratio of 1.20. The stock has a market capitalization of $20.26 billion, a price-to-earnings ratio of 33.50 and a beta of 0.14. The firm's fifty day moving average is $41.12 and its 200-day moving average is $39.29.

Ajinomoto (OTCMKTS:AJINY - Get Free Report) last released its earnings results on Thursday, November 7th. The company reported $0.35 EPS for the quarter. The company had revenue of $2.55 billion for the quarter. Ajinomoto had a return on equity of 10.40% and a net margin of 6.07%.

About Ajinomoto

(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.

Further Reading

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