Ajinomoto Co. (OTCMKTS:AJINY – Get Free Report) reached a new 52-week high on Tuesday . The stock traded as high as $30.8150 and last traded at $30.19, with a volume of 20891 shares traded. The stock had previously closed at $28.3040.
Ajinomoto Trading Down 1.7%
The stock has a 50-day moving average price of $23.08 and a two-hundred day moving average price of $25.46. The stock has a market capitalization of $28.92 billion, a P/E ratio of 35.64 and a beta of 0.54. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.88 and a current ratio of 1.62.
About Ajinomoto
Ajinomoto Co, Inc is a Tokyo-based multinational food and chemical company best known for commercializing monosodium glutamate (MSG) after Professor Kikunae Ikeda identified the flavor enhancer associated with umami in the early 20th century; the company was founded in 1909. Over more than a century it has grown from its seasoning roots into a diversified group that develops, manufactures and markets food products, seasonings and ingredient solutions for both retail and foodservice customers.
Today Ajinomoto’s activities span prepared and frozen foods, retail seasonings and condiments, and a broad range of amino acid-based products and specialty chemicals.
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