Ajinomoto Co. (OTCMKTS:AJINY - Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $25.29, but opened at $26.08. Ajinomoto shares last traded at $25.70, with a volume of 5,751 shares.
Analysts Set New Price Targets
Several brokerages have recently commented on AJINY. Citigroup upgraded Ajinomoto to a "strong-buy" rating in a research note on Friday, April 4th. CLSA upgraded Ajinomoto to a "strong-buy" rating in a research report on Wednesday, May 28th. Finally, Nomura Securities upgraded Ajinomoto to a "hold" rating in a research report on Tuesday, May 27th.
Check Out Our Latest Report on Ajinomoto
Ajinomoto Trading Up 1.5%
The business has a fifty day simple moving average of $22.51 and a 200-day simple moving average of $34.29. 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 firm has a market cap of $25.57 billion, a price-to-earnings ratio of 42.77 and a beta of 0.52.
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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