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

Ajinomoto Co., Inc. (OTCMKTS:AJINY - Get Free Report) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $37.96 and traded as low as $37.52. Ajinomoto shares last traded at $37.72, with a volume of 27,520 shares.

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Ajinomoto Trading Up 1.5 %

The business's fifty day moving average price is $37.96 and its 200 day moving average price is $37.54. 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 capitalization of $19.74 billion, a PE ratio of 32.43 and a beta of 0.08.

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

About Ajinomoto

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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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