Kirin (OTCMKTS:KNBWY) Share Price Crosses Above Fifty Day Moving Average – What’s Next?

Kirin Holdings Company, Limited (OTCMKTS:KNBWY)’s share price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $13.48 and traded as high as $14.06. Kirin shares last traded at $13.93, with a volume of 73,075 shares traded.

Kirin Stock Performance

The company has a quick ratio of 0.75, a current ratio of 1.18 and a debt-to-equity ratio of 0.39. The firm has a market capitalization of $11.29 billion, a price-to-earnings ratio of 29.03, a P/E/G ratio of 0.93 and a beta of 0.14. The business has a 50-day moving average price of $13.48 and a 200-day moving average price of $13.78.

Kirin (OTCMKTS:KNBWY) last issued its quarterly earnings results on Friday, February 14th. The company reported ($0.17) earnings per share for the quarter. The business had revenue of $4.19 billion for the quarter. Kirin had a return on equity of 3.85% and a net margin of 2.50%. As a group, sell-side analysts forecast that Kirin Holdings Company, Limited will post 1.12 earnings per share 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.