Wall Street Zen Downgrades Kirin (OTCMKTS:KNBWY) to Hold

Kirin (OTCMKTS:KNBWY) was downgraded by investment analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a note issued to investors on Monday.

Kirin Trading Up 2.8%

OTCMKTS KNBWY traded up $0.42 on Monday, hitting $15.32. 11,049 shares of the stock were exchanged, compared to its average volume of 56,532. The company’s 50-day moving average price is $14.90 and its two-hundred day moving average price is $14.50. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.35 and a quick ratio of 0.85. Kirin has a 52-week low of $12.25 and a 52-week high of $16.15. The company has a market capitalization of $12.41 billion, a price-to-earnings ratio of 22.20 and a beta of -0.06.

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

Kirin Company Profile

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.