Kirin Holdings Co. (OTCMKTS:KNBWY) Short Interest Update

Kirin Holdings Co. (OTCMKTS:KNBWY) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totaling 34,761 shares, a decline of 36.3% from the December 15th total of 54,538 shares. Based on an average daily trading volume, of 51,042 shares, the short-interest ratio is presently 0.7 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 51,042 shares, the short-interest ratio is presently 0.7 days.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen downgraded Kirin from a “buy” rating to a “hold” rating in a research report on Monday, December 15th.

Kirin Trading Up 0.7%

KNBWY traded up $0.11 during mid-day trading on Friday, hitting $15.16. The stock had a trading volume of 18,430 shares, compared to its average volume of 25,799. The stock’s fifty day simple moving average is $15.28 and its 200-day simple moving average is $14.65. The firm has a market capitalization of $12.28 billion, a price-to-earnings ratio of 21.97 and a beta of -0.08. Kirin has a 1-year low of $12.25 and a 1-year high of $16.15. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.35 and a quick ratio of 0.85.

Kirin (OTCMKTS:KNBWY) last released its quarterly earnings results on Tuesday, November 11th. The company reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.08. The company had revenue of $4.02 billion during the quarter, compared to analysts’ expectations of $4.16 billion. Kirin had a net margin of 3.47% and a return on equity of 5.74%. As a group, research analysts forecast that Kirin will post 1.12 EPS 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.