Kirin (OTCMKTS:KNBWY) Cut to “Hold” at Wall Street Zen

Wall Street Zen lowered shares of Kirin (OTCMKTS:KNBWY) from a buy rating to a hold rating in a research report sent to investors on Monday morning.

Kirin Stock Performance

Shares of KNBWY stock opened at $15.23 on Monday. The company has a quick ratio of 0.85, a current ratio of 1.35 and a debt-to-equity ratio of 0.58. The company has a 50 day moving average price of $14.95 and a 200-day moving average price of $14.51. Kirin has a 52 week low of $12.25 and a 52 week high of $16.15. The firm has a market capitalization of $12.34 billion, a PE ratio of 22.07 and a beta of -0.06.

Kirin (OTCMKTS:KNBWY) last issued its earnings results on Tuesday, November 11th. The company reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.08. Kirin had a net margin of 3.47% and a return on equity of 5.74%. The company had revenue of $4.02 billion for the quarter, compared to analysts’ expectations of $4.16 billion. As a group, equities research analysts expect that Kirin will post 1.12 earnings per share for the current year.

About Kirin

Kirin Holdings Company, Limited engages in food and beverages, pharmaceuticals, and health science businesses. The company's products include beer, wine, whiskey, spirits, soft drinks, dairy products, and other products. It also produces and sells pharmaceutical products, biochemical products, and other products.