Ajinomoto (OTCMKTS:AJINY) Sets New 52-Week High - What's Next?

Ajinomoto Co. (OTCMKTS:AJINY - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $26.64 and last traded at $25.64, with a volume of 22800 shares trading hands. The stock had previously closed at $25.14.

Analyst Ratings Changes

AJINY has been the topic of a number of recent analyst reports. Nomura Securities upgraded shares of Ajinomoto to a "hold" rating in a research note on Tuesday, May 27th. Citigroup upgraded shares of Ajinomoto to a "strong-buy" rating in a research report on Friday, April 4th. Finally, CLSA raised shares of Ajinomoto to a "strong-buy" rating in a report on Wednesday, May 28th.

Ajinomoto Trading Up 0.8%

The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.08 and a current ratio of 1.82. The company has a market capitalization of $25.42 billion, a PE ratio of 42.50 and a beta of 0.52. The stock has a fifty day moving average of $22.63 and a 200 day moving average of $34.23.

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.