Ajinomoto (OTCMKTS:AJINY) Stock Price Crosses Below 50 Day Moving Average - Here's Why

Shares of Ajinomoto Co., Inc. (OTCMKTS:AJINY - Get Free Report) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $40.60 and traded as low as $39.37. Ajinomoto shares last traded at $39.58, with a volume of 12,272 shares trading hands.

Ajinomoto Stock Up 0.3 %

The company's 50-day moving average is $40.52 and its 200 day moving average is $39.78. The company has a market capitalization of $20.92 billion, a PE ratio of 34.30 and a beta of 0.13. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.16 and a current ratio of 1.93.

Ajinomoto (OTCMKTS:AJINY - Get Free Report) last announced its quarterly earnings data on Monday, February 3rd. The company reported $0.42 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.