Ajinomoto (OTCMKTS:AJINY) Shares Gap Down – Here’s What Happened

by · The Cerbat Gem

Ajinomoto Co. (OTCMKTS:AJINY – Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $21.63, but opened at $20.7101. Ajinomoto shares last traded at $21.46, with a volume of 214,586 shares traded.

Ajinomoto Trading Up 0.9%

The company has a debt-to-equity ratio of 0.53, a current ratio of 1.62 and a quick ratio of 0.88. The business has a 50-day simple moving average of $24.86 and a two-hundred day simple moving average of $26.35. The stock has a market cap of $21.41 billion, a price-to-earnings ratio of 28.64 and a beta of 0.53.

Ajinomoto (OTCMKTS:AJINY – Get Free Report) last issued its earnings results on Thursday, November 6th. The company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.08). The firm had revenue of $2.43 billion during the quarter, compared to the consensus estimate of $2.66 billion.

About Ajinomoto

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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.

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