Free Trial

Ajinomoto (OTCMKTS:AJINY) Stock Price Crosses Above 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 above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $37.93 and traded as high as $39.83. Ajinomoto shares last traded at $39.83, with a volume of 20,446 shares changing hands.

Ajinomoto Price Performance

The company has a quick ratio of 0.84, a current ratio of 1.42 and a debt-to-equity ratio of 0.29. The firm has a market cap of $20.54 billion, a PE ratio of 33.75 and a beta of 0.08. The firm's fifty day simple moving average is $37.93 and its two-hundred day simple moving average is $37.41.

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

Ajinomoto Company Profile

(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 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.

Recommended Stories

→ Election rigged? We caught them red-handed… (From Banyan Hill Publishing) (Ad)

Should you invest $1,000 in Ajinomoto right now?

Before you consider Ajinomoto, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ajinomoto wasn't on the list.

While Ajinomoto currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Unlock the Potential in Options Trading Cover

Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Keep reading to learn how options trading can help you use the market’s volatility to your advantage.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Alphabet Gaining Momentum: Can It Reach $200 by December?

Alphabet Gaining Momentum: Can It Reach $200 by December?

Alphabet (GOOGL) is in the midst of a year-end rally, climbing 10% since September, and some analysts predict it could gain another 30% by Christmas!

Recent Videos

Meta Platforms Tops Most Upgraded Stocks List—Here’s What to Expect
Alphabet Gaining Momentum: Can It Reach $200 by December?
Build-to-Order: The Strategy Fueling Toll Brothers’ Growth

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines