Ajinomoto (OTCMKTS:AJINY) Stock Rating Upgraded by Citigroup

Ajinomoto (OTCMKTS:AJINY) was upgraded by investment analysts at Citigroup to a “strong-buy” rating in a research report issued on Friday,Zacks.com reports.

Ajinomoto Stock Down 1.8 %

Shares of OTCMKTS AJINY opened at $38.51 on Friday. Ajinomoto has a 52-week low of $34.28 and a 52-week high of $44.84. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.16 and a current ratio of 1.93. The business has a fifty day moving average of $40.62 and a two-hundred day moving average of $40.19. The stock has a market cap of $19.58 billion, a PE ratio of 32.09 and a beta of 0.32.

Ajinomoto (OTCMKTS:AJINY) last announced its quarterly earnings results on Monday, February 3rd. The company reported $0.42 earnings per share (EPS) for the quarter. Ajinomoto had a net margin of 6.02% and a return on equity of 10.45%.

Ajinomoto Company Profile

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.