Kirin (OTCMKTS:KNBWY) Stock Price Passes Above 50-Day Moving Average – Time to Sell?

Kirin Holdings Co. (OTCMKTS:KNBWY) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $14.69 and traded as high as $15.23. Kirin shares last traded at $14.73, with a volume of 24,723 shares changing hands.

Kirin Stock Performance

The company has a current ratio of 1.26, a quick ratio of 0.82 and a debt-to-equity ratio of 0.58. The firm has a market cap of $11.93 billion, a price-to-earnings ratio of 32.73 and a beta of 0.13. The stock has a fifty day moving average price of $14.69 and a 200 day moving average price of $14.41.

Kirin (OTCMKTS:KNBWY) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.24 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%. As a group, analysts predict that Kirin Holdings Co. will post 1.12 earnings per share for the current year.

About Kirin

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.