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Ajinomoto (OTCMKTS:AJINY) Share Price Passes Above 50-Day Moving Average - Time to Sell?

Ajinomoto logo with Consumer Staples background
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Ajinomoto Co., Inc. (OTCMKTS:AJINY - Get Free Report) shares passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $40.57 and traded as high as $42.42. Ajinomoto shares last traded at $40.85, with a volume of 13,706 shares.

Ajinomoto Stock Performance

The company has a 50-day simple moving average of $40.58 and a two-hundred day simple moving average of $40.05. 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 $20.63 billion, a P/E ratio of 33.82 and a beta of 0.14.

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

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.

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