Ajinomoto Co Inc (NASDAQ:AJINY) Releases Earnings Results, Beats Estimates By $0.03 EPS

Ajinomoto Co Inc (NASDAQ:AJINY) issued its earnings results on Monday, July 31st. The company reported $0.25 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.22 by $0.03, MarketWatch Earnings reports. The company had revenue of $2.41 billion during the quarter.

Shares of Ajinomoto Co (AJINY) opened at 19.92 on Friday. The company’s 50-day moving average price is $20.87 and its 200-day moving average price is $20.53. Ajinomoto Co has a 52-week low of $18.22 and a 52-week high of $23.06. The firm has a market cap of $11.34 billion and a PE ratio of 22.56.

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About Ajinomoto Co

Ajinomoto Co, Inc is a food company. The Company is an amino acid manufacturer, which uses bioscience and fine chemical technologies to develop businesses in fields other than food. Its segments include Japan food products, international food products, life support and healthcare. The Japan food products segment offers seasonings and processed foods, frozen foods and coffee products.

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