Kirin (OTCMKTS:KNBWY) Hits New 1-Year High – Time to Buy?

Kirin Holdings Co. (OTCMKTS:KNBWYGet Free Report)’s share price hit a new 52-week high during trading on Friday . The company traded as high as $18.25 and last traded at $18.25, with a volume of 859 shares traded. The stock had previously closed at $17.82.

Kirin Stock Up 3.1%

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 $14.74 billion, a PE ratio of 14.80 and a beta of -0.02. The firm has a fifty day moving average of $17.26 and a 200 day moving average of $16.48.

Kirin (OTCMKTS:KNBWYGet Free Report) last announced its quarterly earnings results on Thursday, May 14th. The company reported $0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.05). Kirin had a net margin of 6.11% and a return on equity of 9.82%. The business had revenue of $3.62 billion during the quarter, compared to analyst estimates of $3.63 billion. On average, equities research analysts anticipate that Kirin Holdings Co. will post 1.37 EPS for the current fiscal year.

Kirin Company Profile

(Get Free Report)

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.

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