Kikkoman (OTCMKTS:KIKOY) Shares Cross Above 50 Day Moving Average – What’s Next?

Kikkoman Co. (OTCMKTS:KIKOY – Get Free Report) passed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $22.37 and traded as high as $24.3780. Kikkoman shares last traded at $24.3780, with a volume of 1,644 shares.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded Kikkoman from a “strong sell” rating to a “hold” rating in a research report on Monday, August 10th. One research analyst has rated the stock with a Hold rating. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

View Our Latest Research Report on KIKOY

Kikkoman Trading Up 14.2%

The business’s fifty day moving average price is $22.37 and its 200 day moving average price is $20.12.

Kikkoman Company Profile

(Get Free Report)

Kikkoman Corporation is a Japanese food company best known for producing soy sauce and related seasonings. Its products include soy sauce, cooking sauces, soup bases and other food ingredients, as well as beverages such as soy milk. The company also has businesses in food manufacturing and restaurant operations.

The company was established in 1917 through the consolidation of several businesses, building on soy sauce-making traditions in Noda, Japan, that date back to the 17th century.

Further Reading

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