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

Shares of Kirin Holdings Co. (OTCMKTS:KNBWY) reached a new 52-week high on Wednesday . The company traded as high as $18.08 and last traded at $17.9850, with a volume of 545 shares changing hands. The stock had previously closed at $17.59.

Kirin Stock Performance

The stock has a market capitalization of $14.36 billion, a P/E ratio of 14.41 and a beta of -0.02. The company has a quick ratio of 1.01, a current ratio of 1.44 and a debt-to-equity ratio of 0.51. The company has a 50-day moving average price of $17.07 and a two-hundred day moving average price of $16.39.

Kirin (OTCMKTS:KNBWY) last released its quarterly earnings data on Thursday, May 14th. The company reported $0.21 EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.05). The firm had revenue of $3.62 billion during the quarter, compared to the consensus estimate of $3.63 billion. Kirin had a net margin of 6.11% and a return on equity of 9.82%. Equities analysts expect that Kirin Holdings Co. will post 1.37 earnings per share for the current year.

Kirin Company Profile

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.