Ajinomoto (OTCMKTS:AJINY) Shares Gap Down – Here’s What Happened

Ajinomoto Co. (OTCMKTS:AJINY)’s share price gapped down before the market opened on Wednesday . The stock had previously closed at $23.2450, but opened at $21.71. Ajinomoto shares last traded at $21.71, with a volume of 275,021 shares.

Ajinomoto Price Performance

The business’s fifty day simple moving average is $25.79 and its 200 day simple moving average is $26.53. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.88 and a current ratio of 1.62. The stock has a market cap of $21.68 billion, a price-to-earnings ratio of 29.00 and a beta of 0.53.

Ajinomoto (OTCMKTS:AJINY) last released its quarterly earnings results on Thursday, November 6th. The company reported $0.13 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 analyst estimates of $2.66 billion.

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.