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

Ajinomoto Co., Inc. (OTCMKTS:AJINY)’s stock price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-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 traded.

Ajinomoto Stock Down 1.0 %

The business has a 50 day moving average of $40.58 and a 200-day moving average of $40.01. The stock has a market cap of $20.63 billion, a PE ratio of 33.82 and a beta of 0.14. The company has a current ratio of 1.93, a quick ratio of 1.16 and a debt-to-equity ratio of 0.50.

Ajinomoto (OTCMKTS:AJINY) last released its quarterly earnings results on Monday, February 3rd. The company reported $0.42 earnings per share (EPS) 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.