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

Shares of Ajinomoto Co. (OTCMKTS:AJINY) gapped down prior to trading 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 Price Performance

The stock has a 50 day moving average of $25.23 and a 200-day moving average of $26.45. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.88 and a current ratio of 1.62. The company has a market cap of $21.43 billion, a PE ratio of 28.67 and a beta of 0.53.

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

Ajinomoto Company Profile

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.