Ajinomoto (OTCMKTS:AJINY) Sees Strong Trading Volume – Here’s Why

Ajinomoto Co. (OTCMKTS:AJINY) saw an uptick in trading volume on Thursday . 31,974 shares traded hands during mid-day trading, a decline of 25% from the previous session’s volume of 42,867 shares.The stock last traded at $21.55 and had previously closed at $21.29.

Ajinomoto Stock Up 1.1%

The firm has a 50 day moving average price of $24.98 and a two-hundred day moving average price of $26.39. The company has a current ratio of 1.62, a quick ratio of 0.88 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $21.45 billion, a price-to-earnings ratio of 28.69 and a beta of 0.53.

Ajinomoto (OTCMKTS:AJINY) last released its quarterly earnings data on Thursday, November 6th. The company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.08). The firm had revenue of $2.43 billion for the quarter, compared to the consensus estimate of $2.66 billion.

About Ajinomoto

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.