Kikkoman Co. (OTCMKTS:KIKOY – Get Free Report)’s stock price crossed above its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $22.37 and traded as high as $24.3780. Kikkoman shares last traded at $24.3780, with a volume of 1,644 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Zacks Research upgraded shares of Kikkoman from a “strong sell” rating to a “hold” rating in a research note on Monday, August 10th. One investment analyst has rated the stock with a Hold rating. According to MarketBeat.com, the company presently has an average rating of “Hold”.
View Our Latest Stock Report on KIKOY
Kikkoman Stock Performance
The business’s 50-day simple moving average is $22.39 and its two-hundred day simple moving average is $20.15.
Kikkoman Company Profile
Kikkoman Corporation is a Japanese food company best known for producing soy sauce and related seasonings. Its products include soy sauce, cooking sauces, soup bases and other food ingredients, as well as beverages such as soy milk. The company also has businesses in food manufacturing and restaurant operations.
The company was established in 1917 through the consolidation of several businesses, building on soy sauce-making traditions in Noda, Japan, that date back to the 17th century.
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