Kirin (OTCMKTS:KNBWY) Sets New 52-Week High – Should You Buy?

Kirin Holdings Co. (OTCMKTS:KNBWY)’s share price hit a new 52-week high on Tuesday . The stock traded as high as $17.90 and last traded at $17.90, with a volume of 22291 shares trading hands. The stock had previously closed at $17.3425.

Kirin Price Performance

The company has a 50 day moving average of $16.73 and a two-hundred day moving average of $16.23. The firm has a market cap of $14.46 billion, a P/E ratio of 14.51 and a beta of -0.02. The company has a quick ratio of 1.01, a current ratio of 1.44 and a debt-to-equity ratio of 0.51.

Kirin (OTCMKTS:KNBWY) last released its earnings results on Thursday, May 14th. The company reported $0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.05). Kirin had a return on equity of 9.82% and a net margin of 6.11%.The firm had revenue of $3.62 billion for the quarter, compared to analyst estimates of $3.63 billion. Sell-side analysts expect that Kirin Holdings Co. will post 1.37 EPS for the current 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.