Ajinomoto (OTCMKTS:AJINY) Shares Pass Below 50 Day Moving Average of $37.24

Ajinomoto Co., Inc. (OTCMKTS:AJINY)’s share price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $37.24 and traded as low as $35.58. Ajinomoto shares last traded at $35.72, with a volume of 63,741 shares changing hands.

Ajinomoto Price Performance

The company has a debt-to-equity ratio of 0.27, a current ratio of 1.37 and a quick ratio of 0.84. The business’s fifty day moving average price is $37.18 and its 200-day moving average price is $37.84. The stock has a market capitalization of $18.16 billion, a price-to-earnings ratio of 27.18 and a beta of 0.08.

Ajinomoto (OTCMKTS:AJINY) last announced its quarterly earnings results on Tuesday, February 6th. The company reported $0.41 earnings per share for the quarter. The business had revenue of $2.57 billion for the quarter. Ajinomoto had a net margin of 6.78% and a return on equity of 11.16%.

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.