Citigroup upgraded shares of Ajinomoto (OTCMKTS:AJINY – Free Report) to a strong-buy rating in a research note published on Friday,Zacks.com reports.
Ajinomoto Stock Performance
Shares of AJINY stock opened at $38.51 on Friday. The stock’s 50-day moving average price is $40.62 and its 200 day moving average price is $40.19. Ajinomoto has a 52-week low of $34.28 and a 52-week high of $44.84. The stock has a market capitalization of $19.58 billion, a PE ratio of 32.09 and a beta of 0.32. The company has a quick ratio of 1.16, a current ratio of 1.93 and a debt-to-equity ratio of 0.50.
Ajinomoto (OTCMKTS:AJINY – Get Free Report) last posted its quarterly earnings data on Monday, February 3rd. The company reported $0.42 earnings per share for the quarter. Ajinomoto had a net margin of 6.02% and a return on equity of 10.45%.
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.
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