Ajinomoto (OTCMKTS:AJINY) Shares Pass Above Fifty Day Moving Average of $38.06

Ajinomoto Co., Inc. (OTCMKTS:AJINY - Get Free Report) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $38.06 and traded as high as $40.24. Ajinomoto shares last traded at $39.54, with a volume of 11,389 shares.

Ajinomoto Trading Up 2.9 %

The company has a debt-to-equity ratio of 0.29, a current ratio of 1.42 and a quick ratio of 0.84. The firm has a market capitalization of $20.39 billion, a PE ratio of 33.51 and a beta of 0.08. The business's 50-day moving average price is $38.06 and its 200-day moving average price is $37.31.

Ajinomoto (OTCMKTS:AJINY - Get Free Report) last released its earnings results on Monday, August 5th. The company reported $0.30 EPS for the quarter. The company had revenue of $2.34 billion during the quarter. Ajinomoto had a net margin of 5.72% and a return on equity of 9.36%.

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 flavored 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.