Ajinomoto (OTCMKTS:AJINY) Share Price Passes Above 50 Day Moving Average – Should You Sell?

Shares of Ajinomoto Co., Inc. (OTCMKTS:AJINY) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $40.57 and traded as high as $42.42. Ajinomoto shares last traded at $40.85, with a volume of 13,706 shares changing hands.

Ajinomoto Stock Down 1.0 %

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 firm has a market cap of $20.63 billion, a price-to-earnings ratio of 33.82 and a beta of 0.14. The firm has a 50-day moving average price of $40.58 and a two-hundred day moving average price of $40.01.

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

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 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.