Ajinomoto Co. (OTCMKTS:AJINY – Get Free Report) was the recipient of a significant decline in short interest in December. As of December 15th, there was short interest totaling 9,391 shares, a decline of 29.0% from the November 30th total of 13,224 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 250,792 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 250,792 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold.
Ajinomoto Stock Up 0.4%
Shares of Ajinomoto stock opened at $21.50 on Monday. The company has a market capitalization of $21.43 billion, a P/E ratio of 28.67 and a beta of 0.53. 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 moving average of $24.12 and a two-hundred day moving average of $26.21. Ajinomoto has a 1 year low of $16.50 and a 1 year high of $30.49.
Ajinomoto (OTCMKTS:AJINY – Get Free Report) last issued its quarterly earnings data on Thursday, November 6th. The company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.08). The company had revenue of $2.43 billion during the quarter, compared to analyst estimates of $2.66 billion.
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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