Kirin (OTCMKTS:KNBWY) Shares Pass Below Two Hundred Day Moving Average – Here’s Why

Kirin Holdings Company, Limited (OTCMKTS:KNBWY) shares passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $14.09 and traded as low as $12.38. Kirin shares last traded at $12.50, with a volume of 111,794 shares changing hands.

Kirin Stock Down 0.7 %

The firm has a market capitalization of $10.13 billion, a price-to-earnings ratio of 14.05, a price-to-earnings-growth ratio of 0.87 and a beta of 0.20. The company has a quick ratio of 0.75, a current ratio of 1.18 and a debt-to-equity ratio of 0.39. The firm has a 50 day moving average of $13.17 and a two-hundred day moving average of $14.09.

Kirin (OTCMKTS:KNBWY) last posted its earnings results on Thursday, November 7th. The company reported $0.18 earnings per share for the quarter. Kirin had a net margin of 4.72% and a return on equity of 7.15%. The firm had revenue of $4.06 billion for the quarter. As a group, sell-side analysts anticipate that Kirin Holdings Company, Limited will post 0.78 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.