Kirin (OTCMKTS:KNBWY) Hits New 52-Week High – What’s Next?

Kirin Holdings Co. (OTCMKTS:KNBWY)’s stock price hit a new 52-week high during trading on Thursday . The company traded as high as $19.99 and last traded at $19.29, with a volume of 9692 shares traded. The stock had previously closed at $18.83.

Kirin Stock Up 2.4%

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 stock has a market cap of $15.63 billion, a P/E ratio of 12.29 and a beta of -0.02. The company’s 50 day moving average price is $17.73 and its two-hundred day moving average price is $16.82.

Kirin (OTCMKTS:KNBWY) last released its quarterly earnings data on Friday, August 7th. The company reported $0.58 EPS for the quarter, topping the consensus estimate of $0.42 by $0.16. The company had revenue of $4.08 billion for the quarter, compared to the consensus estimate of $3.87 billion. Kirin had a return on equity of 12.29% and a net margin of 7.79%. As a group, research analysts expect that Kirin Holdings Co. will post 1.34 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.