Ajinomoto Co. (OTCMKTS:AJINY – Get Free Report) was the recipient of a significant increase in short interest in July. As of July 31st, there was short interest totaling 20,700 shares, anincreaseof36.2% from the July 15th total of 15,200 shares. Currently,0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 50,800 shares, the short-interest ratio is currently 0.4 days. Based on an average daily trading volume, of 50,800 shares, the short-interest ratio is currently 0.4 days. Currently,0.0% of the shares of the stock are sold short.
Ajinomoto Price Performance
Shares of AJINY stock opened at $27.50 on Wednesday. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.82 and a quick ratio of 1.08. The firm’s 50-day moving average is $26.57 and its two-hundred day moving average is $29.79. Ajinomoto has a 12 month low of $16.50 and a 12 month high of $28.2299. The company has a market capitalization of $27.41 billion, a PE ratio of 45.83 and a beta of 0.52.
Analyst Upgrades and Downgrades
Several research firms have recently weighed in on AJINY. CLSA raised shares of Ajinomoto to a “strong-buy” rating in a research note on Wednesday, May 28th. Nomura Securities raised shares of Ajinomoto to a “hold” rating in a research note on Tuesday, May 27th. Two investment analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Ajinomoto currently has an average rating of “Buy”.
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.
See Also
- Five stocks we like better than Ajinomoto
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- Buffett’s Cash Hoard Signals Market Caution, Value Plays Emerge
- What is the S&P 500 and How It is Distinct from Other Indexes
- DLocal Stock Soars 43% After Earnings Beat and Raised Guidance
- Top Stocks Investing in 5G Technology
- Can AI Defense Contracts Push Palantir Shares Higher?
Receive News & Ratings for Ajinomoto Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ajinomoto and related companies with MarketBeat.com's FREE daily email newsletter.
