Kirin (OTCMKTS:KNBWY) Shares Gap Up - Here's What Happened

Key Points

• Kirin Holdings Co. shares experienced a price jump, opening at $15.23 after closing at $14.57 the previous day.
• The company's recent earnings report revealed an EPS of $0.24, falling short of the consensus estimate of $0.28.
• Kirin Holdings has a market capitalization of $12.15 billion and a debt-to-equity ratio of 0.58, indicating stable financial health.

Kirin Holdings Co. (OTCMKTS:KNBWY - Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $14.57, but opened at $15.23. Kirin shares last traded at $14.64, with a volume of 322 shares changing hands.

Kirin Trading Up 3.0%

The company has a quick ratio of 0.82, a current ratio of 1.26 and a debt-to-equity ratio of 0.58. The firm's 50-day moving average price is $14.69 and its 200 day moving average price is $14.41. The company has a market capitalization of $12.15 billion, a P/E ratio of 33.33 and a beta of 0.13.

Kirin (OTCMKTS:KNBWY - Get Free Report) last posted its earnings results on Thursday, August 7th. The company reported $0.24 EPS for the quarter, missing the consensus estimate of $0.28 by ($0.04). The business had revenue of $4.01 billion for the quarter, compared to the consensus estimate of $608.48 billion. Kirin had a return on equity of 3.75% and a net margin of 2.30%. As a group, equities research analysts predict that Kirin Holdings Co. will post 1.12 earnings per share for the current 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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