Kirin (OTCMKTS:KNBWY) Hits New 52-Week High – What’s Next?

Kirin Holdings Co. (OTCMKTS:KNBWY) hit a new 52-week high on Thursday . The company traded as high as $19.99 and last traded at $19.29, with a volume of 9692 shares traded. The stock had previously closed at $18.83.

Kirin Stock Performance

The business has a 50-day moving average of $17.73 and a two-hundred day moving average of $16.82. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.44 and a quick ratio of 1.01. The company has a market cap of $15.63 billion, a P/E ratio of 12.29 and a beta of -0.02.

Kirin (OTCMKTS:KNBWY) last released its quarterly earnings results on Friday, August 7th. The company reported $0.58 EPS for the quarter, beating the consensus estimate of $0.42 by $0.16. The business had revenue of $4.08 billion during the quarter, compared to analyst estimates of $3.87 billion. Kirin had a net margin of 7.79% and a return on equity of 12.29%. On average, sell-side analysts predict that Kirin Holdings Co. will post 1.34 EPS for the current fiscal year.

About Kirin

Kirin Holdings Company, Limited is a Japan-based global beverage and life sciences group best known for its flagship beer brand. The company’s core operations encompass the brewing and distribution of beer and spirits, the production of soft drinks and other non-alcoholic beverages, and a growing pharmaceuticals and biotech segment. Kirin’s beverage portfolio ranges from mainstream lagers and craft-inspired brews to juices, teas, and carbonated soft drinks sold under various regional labels.

Rooted in the founding of Kirin Brewery Company in 1888, the group restructured into a pure holding company in 2007 to foster greater strategic flexibility.