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

Ajinomoto Co., Inc. (OTCMKTS:AJINY)’s share price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $40.67 and traded as high as $42.83. Ajinomoto shares last traded at $39.85, with a volume of 6,552 shares.

Ajinomoto Trading Down 1.8 %

The firm has a market cap of $19.58 billion, a P/E ratio of 32.09 and a beta of 0.32. 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 fifty day moving average of $40.62 and a 200-day moving average of $40.19.

Ajinomoto (OTCMKTS:AJINY) last posted its 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%.

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.