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

Kirin Holdings Co. (OTCMKTS:KNBWY) shares hit a new 52-week high during mid-day trading on Friday . The company traded as high as $18.25 and last traded at $18.25, with a volume of 859 shares. The stock had previously closed at $17.82.

Kirin Stock Up 3.1%

The company has a market capitalization of $14.74 billion, a PE ratio of 14.80 and a beta of -0.02. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.44 and a quick ratio of 1.01. The business’s 50 day simple moving average is $17.26 and its 200 day simple moving average is $16.48.

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