Kirin Holdings Co. (OTCMKTS:KNBWY – Get Free Report) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 70,494 shares, an increase of 176.9% from the July 15th total of 25,457 shares. Based on an average daily volume of 36,819 shares, the short-interest ratio is presently 1.9 days. Currently, 0.0% of the shares of the company are sold short.
Kirin Stock Performance
Kirin stock traded up $0.52 during mid-day trading on Friday, reaching $19.59. The company’s stock had a trading volume of 11,982 shares, compared to its average volume of 17,654. Kirin has a 12-month low of $14.01 and a 12-month high of $19.99. The company has a market capitalization of $15.87 billion, a P/E ratio of 12.48 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 firm’s fifty day moving average price is $17.84 and its two-hundred day moving average price is $16.86.
Kirin (OTCMKTS:KNBWY – Get Free Report) last posted its earnings results on Friday, August 7th. The company reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.16. Kirin had a return on equity of 12.29% and a net margin of 7.79%.The firm had revenue of $4.08 billion for the quarter, compared to the consensus estimate of $3.87 billion. Sell-side analysts predict that Kirin will post 1.34 EPS for the current fiscal year.
Kirin Company Profile
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.
See Also
- Five stocks we like better than Kirin
- Is Best Buy the AI Winner Hiding in the Electronics Aisle?
- Applied Materials Beat Everything but Wall Street’s Expectations for Margins
- Back From Orbit, Intuitive Machines’ Share Price Enters the Buy Zone
- Texas Roadhouse and Brinker International Have the Recipe Rivals Are Missing
Receive News & Ratings for Kirin Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kirin and related companies with MarketBeat.com's FREE daily email newsletter.
