Kirin (OTCMKTS:KNBWY) Sets New 52-Week High – Here’s Why

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

Kirin Stock Up 3.5%

The stock’s fifty day moving average price is $17.38 and its 200-day moving average price is $16.58. The company has a quick ratio of 1.01, a current ratio of 1.44 and a debt-to-equity ratio of 0.51. The company has a market capitalization of $15.40 billion, a price-to-earnings ratio of 15.46 and a beta of -0.02.

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