Kirin (OTCMKTS:KNBWY) Shares Gap Down - What's Next?

Kirin Holdings Co. (OTCMKTS:KNBWY - Get Free Report) shares gapped down before the market opened on Friday . The stock had previously closed at $14.13, but opened at $13.60. Kirin shares last traded at $14.00, with a volume of 1,880 shares traded.

Kirin Trading Down 0.9%

The firm has a market capitalization of $11.34 billion, a P/E ratio of 30.43 and a beta of 0.12. The company has a quick ratio of 0.72, a current ratio of 1.15 and a debt-to-equity ratio of 0.54. The firm has a 50 day moving average of $14.69 and a 200-day moving average of $13.82.

Kirin (OTCMKTS:KNBWY - Get Free Report) last posted its quarterly earnings data on Tuesday, May 13th. The company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.01). Kirin had a return on equity of 3.75% and a net margin of 2.37%. The firm had revenue of $3.58 billion for the quarter, compared to the consensus estimate of $3.74 billion. On average, equities research analysts predict that Kirin Holdings Co. will post 1.12 earnings per share for the current fiscal year.

About Kirin

Kirin Holdings Company, Limited engages in food and beverages, pharmaceuticals, and health science businesses. The company's products include beer, wine, whiskey, spirits, soft drinks, dairy products, and other products. It also produces and sells pharmaceutical products, biochemical products, and other products.

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