Ajinomoto (OTCMKTS:AJINY) Stock Price Passes Below Fifty Day Moving Average – Should You Sell?

Ajinomoto Co. (OTCMKTS:AJINY) shares crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $26.86 and traded as low as $22.9450. Ajinomoto shares last traded at $23.0770, with a volume of 49,576 shares changing hands.

Ajinomoto Trading Up 1.3%

The company has a quick ratio of 0.93, a current ratio of 1.62 and a debt-to-equity ratio of 0.53. The firm has a market cap of $23.00 billion, a price-to-earnings ratio of 30.77 and a beta of 0.55. The company has a 50-day moving average price of $26.86 and a 200 day moving average price of $26.50.

Ajinomoto (OTCMKTS:AJINY) last announced its quarterly earnings data on Thursday, November 6th. The company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.08). The company had revenue of $2.43 billion during the quarter, compared to analysts’ expectations of $2.66 billion.

Ajinomoto Company Profile

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.