Shares of Ajinomoto Co., Inc. (OTCMKTS:AJINY - Get Free Report) passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $26.76 and traded as low as $23.33. Ajinomoto shares last traded at $23.64, with a volume of 13,067 shares traded.
Analysts Set New Price Targets
A number of research firms have weighed in on AJINY. CLSA upgraded Ajinomoto to a "strong-buy" rating in a research note on Wednesday. Nomura Securities upgraded Ajinomoto to a "hold" rating in a research note on Tuesday. Finally, Citigroup upgraded Ajinomoto to a "strong-buy" rating in a research note on Friday, April 4th.
Check Out Our Latest Stock Report on AJINY
Ajinomoto Stock Performance
The stock has a market cap of $24.92 billion, a PE ratio of 20.83 and a beta of 0.43. The company has a quick ratio of 1.16, a current ratio of 1.93 and a debt-to-equity ratio of 0.50. The firm has a 50 day moving average price of $25.79 and a 200 day moving average price of $35.70.
About Ajinomoto
(
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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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