Ajinomoto (OTCMKTS:AJINY) Share Price Passes Above Fifty Day Moving Average of $36.81

Shares of Ajinomoto Co., Inc. (OTCMKTS:AJINY) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $36.81 and traded as high as $37.78. Ajinomoto shares last traded at $37.61, with a volume of 12,973 shares traded.

Ajinomoto Price Performance

The company has a market capitalization of $19.81 billion, a price-to-earnings ratio of 29.23 and a beta of 0.09. The company has a fifty day simple moving average of $36.79 and a two-hundred day simple moving average of $37.68. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.84 and a current ratio of 1.37.

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

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.