Ajinomoto (OTCMKTS:AJINY - Get Free Report) was upgraded by stock analysts at CLSA to a "strong-buy" rating in a research report issued on Wednesday,Zacks.com reports.
Other equities research analysts have also recently issued reports about the stock. Citigroup upgraded shares of Ajinomoto to a "strong-buy" rating in a research report on Friday, April 4th. Nomura Securities raised shares of Ajinomoto to a "hold" rating in a research note on Tuesday.
Get Our Latest Research Report on AJINY
Ajinomoto Price Performance
AJINY traded down $0.13 during midday trading on Wednesday, hitting $24.87. 14,924 shares of the company traded hands, compared to its average volume of 50,748. The business has a 50 day simple moving average of $25.47 and a two-hundred day simple moving average of $35.57. The company has a current ratio of 1.93, a quick ratio of 1.16 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $24.79 billion, a price-to-earnings ratio of 20.73 and a beta of 0.43. Ajinomoto has a 52-week low of $16.50 and a 52-week high of $25.69.
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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