Kirin (OTCMKTS:KNBWY) Stock Passes Above 50 Day Moving Average – What’s Next?

Kirin Holdings Co. (OTCMKTS:KNBWY)’s stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $14.63 and traded as high as $14.89. Kirin shares last traded at $14.41, with a volume of 62,658 shares.

Kirin Price Performance

The company has a current ratio of 1.26, a quick ratio of 0.82 and a debt-to-equity ratio of 0.58. The company has a 50 day moving average of $14.63 and a 200-day moving average of $14.40. The firm has a market capitalization of $11.67 billion, a P/E ratio of 32.02 and a beta of 0.11.

Kirin (OTCMKTS:KNBWY) last posted its earnings results on Thursday, August 7th. The company reported $0.24 earnings per share for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.04). The firm had revenue of $4.01 billion for the quarter, compared to analyst estimates of $608.48 billion. Kirin had a return on equity of 3.75% and a net margin of 2.30%. On average, sell-side analysts predict that Kirin Holdings Co. 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.