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Kirin (OTCMKTS:KNBWY) Stock Price Passes Above 50 Day Moving Average - What's Next?

Kirin logo with Consumer Staples background

Key Points

  • Kirin Holdings Co. (OTCMKTS:KNBWY) recently crossed above its 50-day moving average of $13.96, trading as high as $14.47 during the session.
  • The company reported earnings per share (EPS) of $0.24 for the quarter, falling short of expectations by $0.04, with a revenue of $4.01 billion.
  • Kirin's current market capitalization stands at $11.72 billion, alongside a price-to-earnings ratio of 32.16 and a low beta of 0.13, indicating lower volatility compared to the market.
  • MarketBeat previews the top five stocks to own by October 1st.

Kirin Holdings Co. (OTCMKTS:KNBWY - Get Free Report)'s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $13.96 and traded as high as $14.47. Kirin shares last traded at $14.47, with a volume of 16,766 shares traded.

Kirin Price Performance

The company's fifty day moving average price is $13.99 and its 200 day moving average price is $14.19. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.72 and a current ratio of 1.26. The firm has a market capitalization of $12.17 billion, a price-to-earnings ratio of 33.38 and a beta of 0.13.

Kirin (OTCMKTS:KNBWY - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The company reported $0.24 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.28 by ($0.04). The company had revenue of $4.01 billion for the quarter, compared to analyst estimates of $608.48 billion. Kirin had a net margin of 2.30% and a return on equity of 3.75%. Equities research analysts expect that Kirin Holdings Co. will post 1.12 earnings per share for the current year.

Kirin Company Profile

(Get Free Report)

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.

See Also

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