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

Kirin Holdings Co. (OTCMKTS:KNBWY)’s share price reached a new 52-week high on Wednesday . The company traded as high as $18.08 and last traded at $17.9850, with a volume of 545 shares. The stock had previously closed at $17.59.

Kirin Price Performance

The firm has a market capitalization of $14.38 billion, a PE ratio of 14.43 and a beta of -0.02. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.01 and a current ratio of 1.44. The stock has a fifty day moving average price of $17.01 and a 200-day moving average price of $16.35.

Kirin (OTCMKTS:KNBWY) last issued its quarterly earnings data on Thursday, May 14th. The company reported $0.21 earnings per share for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.05). Kirin had a return on equity of 9.82% and a net margin of 6.11%.The company had revenue of $3.62 billion for the quarter, compared to analysts’ expectations of $3.63 billion. Sell-side analysts forecast that Kirin Holdings Co. will post 1.37 EPS 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.