Ajinomoto Co., Inc. (OTCMKTS:AJINY - Get Free Report) was the recipient of a large drop in short interest during the month of October. As of October 31st, there was short interest totalling 21,100 shares, a drop of 37.8% from the October 15th total of 33,900 shares. Based on an average daily trading volume, of 42,800 shares, the days-to-cover ratio is currently 0.5 days.
Ajinomoto Stock Performance
Ajinomoto stock traded up $0.11 during mid-day trading on Thursday, reaching $39.53. The company had a trading volume of 26,499 shares, compared to its average volume of 20,388. The company has a 50 day moving average of $38.46 and a 200-day moving average of $37.84. Ajinomoto has a 52 week low of $34.28 and a 52 week high of $41.87. 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 $20.09 billion, a price-to-earnings ratio of 33.13 and a beta of 0.09.
Ajinomoto Company Profile
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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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