Kirin (OTCMKTS:KNBWY) Stock Passes Below 200 Day Moving Average of $19.24

Kirin Holdings Company, Limited (OTCMKTS:KNBWY)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $19.24 and traded as low as $18.81. Kirin shares last traded at $18.93, with a volume of 34,368 shares traded.

Separately, Zacks Investment Research lowered Kirin from a “hold” rating to a “strong sell” rating in a research note on Thursday, September 9th.

The company has a debt-to-equity ratio of 0.39, a current ratio of 1.35 and a quick ratio of 0.95. The stock’s 50-day moving average price is $18.46 and its 200-day moving average price is $19.24. The company has a market cap of $15.78 billion, a P/E ratio of 27.44, a PEG ratio of 0.92 and a beta of 0.46.

Kirin (OTCMKTS:KNBWY) last issued its quarterly earnings data on Tuesday, August 10th. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.30 by ($0.23). Kirin had a return on equity of 5.66% and a net margin of 3.39%. As a group, analysts expect that Kirin Holdings Company, Limited will post 0.95 EPS for the current fiscal year.

Kirin Company Profile (OTCMKTS:KNBWY)

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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