Kirin (OTCMKTS:KNBWY) Shares Pass Below Two Hundred Day Moving Average – What’s Next?

Kirin Holdings Company, Limited (OTCMKTS:KNBWY)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $14.10 and traded as low as $12.43. Kirin shares last traded at $12.46, with a volume of 156,534 shares changing hands.

Kirin Price Performance

The company has a debt-to-equity ratio of 0.39, a current ratio of 1.18 and a quick ratio of 0.75. The company has a 50-day moving average price of $13.26 and a 200-day moving average price of $14.10. The firm has a market capitalization of $10.09 billion, a PE ratio of 13.89, a P/E/G ratio of 0.87 and a beta of 0.21.

Kirin (OTCMKTS:KNBWY) last released its earnings results on Thursday, November 7th. The company reported $0.18 earnings per share for the quarter. The firm had revenue of $4.06 billion for the quarter. Kirin had a return on equity of 7.15% and a net margin of 4.72%. Sell-side analysts forecast that Kirin Holdings Company, Limited will post 1.03 EPS 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.