Ajinomoto (OTCMKTS:AJINY) Share Price Crosses Below Fifty Day Moving Average of $37.00

Ajinomoto Co., Inc. (OTCMKTS:AJINY) shares passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $37.00 and traded as low as $34.80. Ajinomoto shares last traded at $34.82, with a volume of 20,769 shares.

Ajinomoto Price Performance

The stock has a market cap of $17.96 billion, a price-to-earnings ratio of 29.51 and a beta of 0.10. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.42 and a quick ratio of 0.84. The stock’s 50 day simple moving average is $37.00 and its two-hundred day simple moving average is $37.69.

Ajinomoto (OTCMKTS:AJINY) last posted its earnings results on Thursday, May 9th. The company reported $0.13 earnings per share for the quarter. The business had revenue of $2.50 billion for the quarter. Ajinomoto had a net margin of 6.09% and a return on equity of 10.02%.

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 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.