Kirin Holdings Co. (OTCMKTS:KNBWY - Get Free Report) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $16.45 and traded as low as $15.53. Kirin shares last traded at $15.62, with a volume of 46,579 shares.
Analyst Ratings Changes
Separately, Wall Street Zen cut shares of Kirin from a "buy" rating to a "hold" rating in a research note on Tuesday, February 10th.
Get Our Latest Report on Kirin
Kirin Price Performance
The stock has a fifty day moving average of $16.45 and a two-hundred day moving average of $15.58. The stock has a market cap of $12.65 billion, a price-to-earnings ratio of 12.80 and a beta of -0.06. The company has a quick ratio of 0.93, a current ratio of 1.37 and a debt-to-equity ratio of 0.53.
Kirin (OTCMKTS:KNBWY - Get Free Report) last released its earnings results on Friday, February 13th. The company reported $0.36 EPS for the quarter, beating analysts' consensus estimates of $0.30 by $0.06. Kirin had a return on equity of 10.00% and a net margin of 6.06%.The company had revenue of $4.44 billion during the quarter, compared to the consensus estimate of $4.22 billion. On average, equities research analysts anticipate that Kirin Holdings Co. will post 1.3 earnings per share for the current year.
Kirin Company Profile
(
Get Free Report)
Kirin Holdings Company, Limited is a Japan-based global beverage and life sciences group best known for its flagship beer brand. The company’s core operations encompass the brewing and distribution of beer and spirits, the production of soft drinks and other non-alcoholic beverages, and a growing pharmaceuticals and biotech segment. Kirin’s beverage portfolio ranges from mainstream lagers and craft-inspired brews to juices, teas, and carbonated soft drinks sold under various regional labels.
Rooted in the founding of Kirin Brewery Company in 1888, the group restructured into a pure holding company in 2007 to foster greater strategic flexibility.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Kirin, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Kirin wasn't on the list.
While Kirin currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.