Kirin (OTCMKTS:KNBWY) Stock Passes Above 50-Day Moving Average - Should You Sell?

Kirin Holdings Co. (OTCMKTS:KNBWY - Get Free Report)'s share price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $14.10 and traded as high as $14.15. Kirin shares last traded at $13.62, with a volume of 88,010 shares.

Kirin Trading Down 0.8%

The business has a 50 day moving average of $14.07 and a 200 day moving average of $13.89. The firm has a market cap of $10.90 billion, a price-to-earnings ratio of 29.25 and a beta of 0.10. The company has a quick ratio of 0.72, a current ratio of 1.15 and a debt-to-equity ratio of 0.54.

Kirin (OTCMKTS:KNBWY - Get Free Report) last issued its quarterly earnings results on Tuesday, May 13th. The company reported $0.20 EPS for the quarter, missing analysts' consensus estimates 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 during the quarter, compared to analysts' expectations of $3.74 billion. On average, research analysts forecast that Kirin Holdings Co. will post 1.12 earnings per share for the current fiscal 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.