Kirin (OTCMKTS:KNBWY) Stock Price Crosses Above Fifty Day Moving Average - Here's Why

Key Points

• Kirin Holdings Co. stock price recently crossed above its 50-day moving average of $14.24, peaking at $15.45 during trading.
• The company reported $0.24 EPS for the recent quarter, missing the consensus estimate of $0.28 by $0.04, with a net margin of 2.30% on revenue of $4.01 billion.
• Kirin has a current market cap of $12.10 billion and a P/E ratio of 33.19, indicating its valuation relative to earnings.

Shares of Kirin Holdings Co. (OTCMKTS:KNBWY - Get Free Report) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $14.24 and traded as high as $15.45. Kirin shares last traded at $14.94, with a volume of 32,231 shares changing hands.

Kirin Trading Down 0.2%

The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.82 and a current ratio of 1.26. The firm has a 50-day moving average of $14.30 and a 200-day moving average of $14.33. The firm has a market capitalization of $11.98 billion, a P/E ratio of 32.88 and a beta of 0.13.

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