Kirin (OTCMKTS:KNBWY) Shares Gap Down - Should You Sell?

Kirin Holdings Co. (OTCMKTS:KNBWY - Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $14.00, but opened at $13.47. Kirin shares last traded at $13.47, with a volume of 36,307 shares traded.

Kirin Stock Performance

The firm's 50 day moving average is $14.52 and its 200 day moving average is $13.81. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.72 and a current ratio of 1.15. The stock has a market cap of $11.40 billion, a P/E ratio of 30.61 and a beta of 0.10.

Kirin (OTCMKTS:KNBWY - Get Free Report) last issued its quarterly earnings data on Tuesday, May 13th. The company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.01). Kirin had a net margin of 2.37% and a return on equity of 3.75%. The business had revenue of $3.58 billion for the quarter, compared to analysts' expectations of $3.74 billion. Analysts anticipate that Kirin Holdings Co. will post 1.12 EPS for the current year.

Kirin Company Profile

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.