Kirin Holdings Co. (OTCMKTS:KNBWY) Stock Short Interest Report for October

Kirin Holdings Co. (OTCMKTS:KNBWY) was the target of a large increase in short interest in October. As of October 15th, there was short interest totaling 54,238 shares, an increase of 171.5% from the September 30th total of 19,979 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 52,902 shares, the days-to-cover ratio is currently 1.0 days.

Analyst Ratings Changes

Separately, Zacks Research raised Kirin from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 29th. One equities research analyst has rated the stock with a Hold rating. According to MarketBeat, Kirin presently has an average rating of “Hold”.

Kirin Trading Up 2.0%

OTCMKTS:KNBWY opened at $18.36 on Friday. Kirin has a one year low of $14.01 and a one year high of $19.99. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.48 and a quick ratio of 1.02. The company’s 50-day simple moving average is $18.42 and its 200 day simple moving average is $17.23. The firm has a market capitalization of $14.87 billion, a P/E ratio of 11.47 and a beta of 0.01.

Kirin (OTCMKTS:KNBWY) last announced its quarterly earnings data on Friday, August 7th. The company reported $0.58 earnings per share for the quarter, topping analysts’ consensus estimates of $0.42 by $0.16. Kirin had a net margin of 7.79% and a return on equity of 12.22%. The business had revenue of $4.08 billion for the quarter, compared to analysts’ expectations of $3.87 billion. As a group, analysts forecast that Kirin will post 1.37 EPS for the current fiscal year.

About Kirin

Kirin Holdings Company, Limited is a Japan-based consumer products group best known for its beer, alcoholic beverages, soft drinks and health science businesses. The company operates primarily through its beverage operations, which produce and market beer, ready-to-drink alcoholic beverages, wine, nonalcoholic drinks, tea and functional beverages.

Kirin’s portfolio includes established Japanese brands such as Kirin Ichiban Shibori beer, Kirin Lager, Hyoketsu ready-to-drink beverages, Afternoon Tea and Gogo no Kocha tea.