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Ajinomoto (OTCMKTS:AJINY) Sets New 1-Year High - Here's What Happened

Ajinomoto logo with Consumer Staples background

Ajinomoto Co. (OTCMKTS:AJINY - Get Free Report)'s share price reached a new 52-week high during trading on Thursday . The company traded as high as $28.23 and last traded at $27.22, with a volume of 34815 shares. The stock had previously closed at $27.13.

Wall Street Analysts Forecast Growth

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

Get Our Latest Stock Report on Ajinomoto

Ajinomoto Stock Performance

The company has a market capitalization of $27.13 billion, a PE ratio of 45.37 and a beta of 0.53. The firm has a 50-day moving average of $23.80 and a two-hundred day moving average of $33.08. The company has a quick ratio of 1.08, a current ratio of 1.82 and a debt-to-equity ratio of 0.51.

About Ajinomoto

(Get Free Report)

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.

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