Kirin Holdings Company, Limited (OTCMKTS:KNBWY) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totalling 18,400 shares, an increase of 493.5% from the September 15th total of 3,100 shares. Based on an average daily volume of 63,300 shares, the short-interest ratio is presently 0.3 days.
Separately, Zacks Investment Research cut shares of Kirin from a “hold” rating to a “strong sell” rating in a research report on Thursday, September 9th.
OTCMKTS:KNBWY traded up $0.03 on Thursday, reaching $18.36. 22,625 shares of the stock traded hands, compared to its average volume of 34,898. The company has a market capitalization of $15.31 billion, a price-to-earnings ratio of 26.61, a PEG ratio of 0.92 and a beta of 0.46. The company has a current ratio of 1.35, a quick ratio of 0.95 and a debt-to-equity ratio of 0.39. Kirin has a 12 month low of $17.33 and a 12 month high of $24.15. The company’s fifty day simple moving average is $18.44 and its 200 day simple moving average is $19.11.
Kirin Company Profile
Kirin Holdings Co, Ltd. engages in the manufacture and sale of beverages and pharmaceutical products. It operates through the following segments: Japan Beer and Spirits, Japan Non-Alcoholic Beverages, Oceania Integrated Beverages, Pharmaceuticals, and Other. The Japan Beer and Spirits segment manufactures and sells beer, sparkling wine, Western liquor, and other alcoholic beverages through its subsidiary.
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