Shares of Kikkoman Co. (OTCMKTS:KIKOY – Get Free Report) crossed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $22.37 and traded as high as $24.3780. Kikkoman shares last traded at $24.3780, with a volume of 1,644 shares changing hands.
Wall Street Analyst Weigh In
Separately, Zacks Research raised Kikkoman from a “strong sell” rating to a “hold” rating in a research note on Monday, August 10th. One research analyst has rated the stock with a Hold rating. According to MarketBeat, the company has an average rating of “Hold”.
Check Out Our Latest Research Report on Kikkoman
Kikkoman Trading Up 14.2%
About Kikkoman
Kikkoman Corporation is a Japanese food company best known for producing soy sauce and related seasonings. Its products include soy sauce, cooking sauces, soup bases and other food ingredients, as well as beverages such as soy milk. The company also has businesses in food manufacturing and restaurant operations.
The company was established in 1917 through the consolidation of several businesses, building on soy sauce-making traditions in Noda, Japan, that date back to the 17th century.
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