Kirin (OTCMKTS:KNBWY) Stock Rating Raised to Hold at Zacks Research

Zacks Research upgraded shares of Kirin (OTCMKTS:KNBWY) from a strong sell rating to a hold rating in a research note issued to investors on Tuesday morning,Zacks reports.

Kirin Trading Up 1.2%

OTCMKTS KNBWY opened at $18.15 on Tuesday. The firm has a market capitalization of $14.70 billion, a PE ratio of 11.56 and a beta of -0.01. The business’s 50-day moving average price is $18.64 and its two-hundred day moving average price is $17.38. The company has a current ratio of 1.48, a quick ratio of 1.02 and a debt-to-equity ratio of 0.48. Kirin has a 12 month low of $14.01 and a 12 month high of $19.99.

Kirin (OTCMKTS:KNBWY) last issued its quarterly earnings data on Friday, August 7th. The company reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.42 by $0.16. The company had revenue of $4.08 billion during the quarter, compared to the consensus estimate of $3.87 billion. Kirin had a return on equity of 12.22% and a net margin of 7.79%. On average, analysts expect that Kirin will post 1.34 EPS for the current year.

Kirin Company Profile

Kirin Holdings Company, Limited is a Japan-based diversified food and beverage company best known for its beer and other alcoholic beverages. Through its beverage businesses, the company offers beer, sparkling alcoholic drinks, wine, soft drinks, tea and coffee products, including well-known brands such as Kirin Ichiban Shibori, Kirin Lager, Hyoketsu and Gogo no Kocha.

The company also operates in pharmaceuticals and health science. Its pharmaceutical activities have included the development and commercialization of prescription medicines, while its health science business focuses on products and technologies related to wellness and human health.