Kirin Holdings Co. (OTCMKTS:KNBWY) Short Interest Up 198.4% in April

Kirin Holdings Co. (OTCMKTS:KNBWY) was the target of a large growth in short interest during the month of April. As of April 15th, there was short interest totaling 53,799 shares, a growth of 198.4% from the March 31st total of 18,027 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 53,451 shares, the short-interest ratio is presently 1.0 days.

Kirin Stock Performance

KNBWY stock traded up $0.08 during mid-day trading on Monday, reaching $15.70. The company had a trading volume of 1,996 shares, compared to its average volume of 31,549. The company has a quick ratio of 0.93, a current ratio of 1.37 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of $12.72 billion, a P/E ratio of 12.87 and a beta of -0.06. Kirin has a one year low of $13.15 and a one year high of $17.78. The stock’s 50-day simple moving average is $16.41 and its two-hundred day simple moving average is $15.61.

Kirin (OTCMKTS:KNBWY) last released its earnings results on Friday, February 13th. The company reported $0.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.30 by $0.06. The firm had revenue of $4.44 billion for the quarter, compared to analyst estimates of $4.22 billion. Kirin had a return on equity of 10.00% and a net margin of 6.06%. Research analysts anticipate that Kirin will post 1.3 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Wall Street Zen cut shares of Kirin from a “buy” rating to a “hold” rating in a research report on Tuesday, February 10th.

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.