Ajinomoto (OTCMKTS:AJINY) Sets New 1-Year High – Still a Buy?

Ajinomoto Co., Inc. (OTCMKTS:AJINY)’s stock price reached a new 52-week high during trading on Friday . The company traded as high as $43.54 and last traded at $41.92, with a volume of 8054 shares traded. The stock had previously closed at $41.12.

Ajinomoto Stock Up 1.9 %

The company has a debt-to-equity ratio of 0.53, a current ratio of 2.11 and a quick ratio of 0.84. The business has a 50 day simple moving average of $39.03 and a 200 day simple moving average of $38.04. The company has a market capitalization of $21.31 billion, a price-to-earnings ratio of 34.56 and a beta of 0.09.

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.