Ajinomoto Co. (OTCMKTS:AJINY – Get Free Report)’s stock price gapped up before the market opened on Thursday . The stock had previously closed at $22.94, but opened at $24.4250. Ajinomoto shares last traded at $24.3740, with a volume of 54,154 shares.
Ajinomoto Stock Up 7.1%
The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.88 and a current ratio of 1.62. The company has a market capitalization of $24.50 billion, a P/E ratio of 32.77 and a beta of 0.54. The firm’s fifty day moving average is $21.97 and its 200-day moving average is $25.35.
Ajinomoto (OTCMKTS:AJINY – Get Free Report) last announced its quarterly earnings results on Thursday, February 5th. The company reported $0.26 EPS for the quarter.
About Ajinomoto
Ajinomoto Co, Inc is a Tokyo-based multinational food and chemical company best known for commercializing monosodium glutamate (MSG) after Professor Kikunae Ikeda identified the flavor enhancer associated with umami in the early 20th century; the company was founded in 1909. Over more than a century it has grown from its seasoning roots into a diversified group that develops, manufactures and markets food products, seasonings and ingredient solutions for both retail and foodservice customers.
Today Ajinomoto’s activities span prepared and frozen foods, retail seasonings and condiments, and a broad range of amino acid-based products and specialty chemicals.
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