Kirin (OTCMKTS:KNBWY) Reaches New 12-Month High – What’s Next?

Kirin Holdings Co. (OTCMKTS:KNBWY)’s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $19.0990 and last traded at $19.01, with a volume of 16145 shares traded. The stock had previously closed at $18.36.

Kirin Price Performance

The stock’s 50-day moving average price is $17.43 and its 200 day moving average price is $16.62. The firm has a market cap of $15.08 billion, a price-to-earnings ratio of 15.13 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 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. Equities research analysts predict that Kirin Holdings Co. will post 1.37 earnings per share for the current year.

About Kirin

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.