Kirin (OTCMKTS:KNBWY) Reaches New 1-Year High – Time to Buy?

Kirin Holdings Co. (OTCMKTS:KNBWY) shares hit a new 52-week high during mid-day trading on Friday . The company traded as high as $18.25 and last traded at $18.25, with a volume of 859 shares changing hands. The stock had previously closed at $17.82.

Kirin Stock Up 1.2%

The company has a debt-to-equity ratio of 0.51, a current ratio of 1.44 and a quick ratio of 1.01. The company has a market cap of $14.49 billion, a PE ratio of 14.54 and a beta of -0.02. The company has a fifty day moving average price of $17.29 and a 200 day moving average price of $16.49.

Kirin (OTCMKTS:KNBWY) last announced its earnings results on Thursday, May 14th. The company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate 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 the consensus estimate of $3.63 billion. As a group, analysts anticipate that Kirin Holdings Co. will post 1.37 EPS for the current 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.