Kirin (OTCMKTS:KNBWY) Stock Price Up 5% – Should You Buy?

Kirin Holdings Co. (OTCMKTS:KNBWY) shares traded up 5% during trading on Monday . The company traded as high as $15.92 and last traded at $15.64. 4,087 shares changed hands during trading, a decline of 93% from the average session volume of 56,512 shares. The stock had previously closed at $14.90.

Analysts Set New Price Targets

Separately, Wall Street Zen downgraded shares of Kirin from a “buy” rating to a “hold” rating in a research note on Monday.

Kirin Trading Up 3.1%

The company’s fifty day moving average price is $14.90 and its 200-day moving average price is $14.50. The stock has a market cap of $12.44 billion, a price-to-earnings ratio of 22.25 and a beta of -0.06. 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 announced its quarterly earnings data on Tuesday, November 11th. The company reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.34 by $0.08. The firm had revenue of $4.02 billion for the quarter, compared to analyst estimates of $4.16 billion. Kirin had a net margin of 3.47% and a return on equity of 5.74%. On average, research analysts expect that Kirin Holdings Co. will post 1.12 EPS for the current fiscal year.

Kirin Company Profile

Kirin Holdings Company, Limited engages in food and beverages, pharmaceuticals, and health science businesses. The company's products include beer, wine, whiskey, spirits, soft drinks, dairy products, and other products. It also produces and sells pharmaceutical products, biochemical products, and other products.