Ajinomoto (OTCMKTS:AJINY) Posts Quarterly Earnings Results, Misses Estimates By $0.08 EPS

Ajinomoto (OTCMKTS:AJINY) announced its quarterly earnings data on Thursday. The company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.08), reports. The firm had revenue of $2.43 billion during the quarter, compared to analyst estimates of $2.66 billion.

Ajinomoto Stock Down 11.6%

Ajinomoto stock traded down $3.11 during trading on Friday, reaching $23.62. The stock had a trading volume of 33,935 shares, compared to its average volume of 36,244. The company has a quick ratio of 0.93, a current ratio of 1.59 and a debt-to-equity ratio of 0.54. Ajinomoto has a 52-week low of $16.50 and a 52-week high of $30.49. The stock has a market cap of $23.54 billion, a PE ratio of 30.68 and a beta of 0.55. The business has a 50 day moving average price of $28.26 and a 200 day moving average price of $26.18.

Ajinomoto Company Profile

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.