Kirin Holdings Co. (OTCMKTS:KNBWY) Short Interest Down 30.6% in January

Kirin Holdings Co. (OTCMKTS:KNBWY) saw a large decrease in short interest in January. As of January 15th, there was short interest totaling 24,132 shares, a decrease of 30.6% from the December 31st total of 34,761 shares. Based on an average daily volume of 56,625 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 56,625 shares, the short-interest ratio is currently 0.4 days.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen lowered shares of Kirin from a “buy” rating to a “hold” rating in a research note on Monday, December 15th.

Kirin Price Performance

KNBWY stock traded up $0.09 during trading on Friday, hitting $15.48. The company had a trading volume of 21,348 shares, compared to its average volume of 25,714. The company has a market cap of $12.54 billion, a P/E ratio of 22.44 and a beta of -0.08. The company has a fifty day moving average price of $15.34 and a two-hundred day moving average price of $14.78. The company has a current ratio of 1.35, a quick ratio of 0.85 and a debt-to-equity ratio of 0.58. Kirin has a fifty-two week low of $12.38 and a fifty-two week high of $16.15.

Kirin (OTCMKTS:KNBWY) last posted its earnings results on Tuesday, November 11th. The company reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.08. The company had revenue of $4.02 billion during the quarter, compared to analyst estimates of $4.16 billion. Kirin had a return on equity of 5.74% and a net margin of 3.47%. Equities research analysts expect that Kirin will post 1.12 earnings per share 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.