Kirin (OTCMKTS:KNBWY) Sets New 52-Week High – Should You Buy?

Kirin Holdings Co. (OTCMKTS:KNBWY)’s stock price hit a new 52-week high on Tuesday . The company traded as high as $17.90 and last traded at $17.90, with a volume of 22291 shares. The stock had previously closed at $17.3425.

Kirin Stock Performance

The company has a quick ratio of 1.01, a current ratio of 1.44 and a debt-to-equity ratio of 0.51. The stock has a market cap of $14.46 billion, a price-to-earnings ratio of 14.51 and a beta of -0.02. The company’s 50-day simple moving average is $16.73 and its 200-day simple moving average is $16.23.

Kirin (OTCMKTS:KNBWY) last announced its quarterly earnings data on Thursday, May 14th. The company reported $0.21 EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.05). Kirin had a net margin of 6.11% and a return on equity of 9.82%. The company had revenue of $3.62 billion for the quarter, compared to analyst estimates of $3.63 billion. Analysts predict that Kirin Holdings Co. will post 1.37 EPS for the current fiscal year.

Kirin Company Profile

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.