Ajinomoto (OTCMKTS:AJINY) Shares Pass Above 50-Day Moving Average of $38.06

Ajinomoto Co., Inc. (OTCMKTS:AJINY)’s share price passed above its 50-day moving average during trading on Thursday . The stock has a 50-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 changing hands.

Ajinomoto Stock Performance

The company’s fifty day moving average is $38.06 and its 200 day moving average is $37.31. The company has a market cap of $20.39 billion, a P/E ratio of 33.51 and a beta of 0.08. The company has a current ratio of 1.42, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29.

Ajinomoto (OTCMKTS:AJINY) last issued its earnings results on Monday, August 5th. The company reported $0.30 EPS for the quarter. The company 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

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.