Ajinomoto (OTCMKTS:AJINY) Stock Crosses Below 50 Day Moving Average – Should You Sell?

Ajinomoto Co., Inc. (OTCMKTS:AJINYGet Free Report) passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $41.11 and traded as low as $40.16. Ajinomoto shares last traded at $40.20, with a volume of 20,695 shares changing hands.

Ajinomoto Price Performance

The firm has a market cap of $20.56 billion, a P/E ratio of 34.00 and a beta of 0.14. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.11 and a quick ratio of 1.20. The stock’s 50-day simple moving average is $41.20 and its two-hundred day simple moving average is $39.16.

About Ajinomoto

(Get Free Report)

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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