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

Ajinomoto Co., Inc. (OTCMKTS:AJINYGet Free Report) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $43.54 and last traded at $41.92, with a volume of 8054 shares trading hands. The stock had previously closed at $41.12.

Ajinomoto Stock Performance

The firm has a market capitalization of $21.31 billion, a price-to-earnings ratio of 34.56 and a beta of 0.09. 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 firm has a 50 day moving average price of $39.03 and a 200-day moving average price of $38.04.

Ajinomoto Company Profile

(Get Free Report)

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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