Ajinomoto (OTCMKTS:AJINY) Share Price Crosses Below Fifty Day Moving Average – Time to Sell?

Shares of Ajinomoto Co., Inc. (OTCMKTS:AJINY) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $40.60 and traded as low as $39.37. Ajinomoto shares last traded at $39.58, with a volume of 12,272 shares traded.

Ajinomoto Stock Down 2.1 %

The company has a debt-to-equity ratio of 0.50, a current ratio of 1.93 and a quick ratio of 1.16. The company has a market capitalization of $20.12 billion, a price-to-earnings ratio of 32.98 and a beta of 0.13. The firm has a 50-day moving average price of $40.56 and a two-hundred day moving average price of $39.63.

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