Ajinomoto (OTCMKTS:AJINY) Shares Pass Above Fifty Day Moving Average – What’s Next?

Shares of Ajinomoto Co., Inc. (OTCMKTS:AJINYGet Free Report) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $40.09 and traded as high as $42.80. Ajinomoto shares last traded at $41.30, with a volume of 12,560 shares traded.

Ajinomoto Stock Down 2.0 %

The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.20 and a current ratio of 2.11. The firm’s 50 day moving average price is $40.13 and its two-hundred day moving average price is $38.52. The company has a market cap of $20.99 billion, a P/E ratio of 34.71 and a beta of 0.12.

About Ajinomoto

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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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