Wall Street Zen Downgrades Kirin (OTCMKTS:KNBWY) to Hold

Kirin (OTCMKTS:KNBWY) was downgraded by investment analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Monday.

Kirin Trading Up 0.2%

OTCMKTS KNBWY opened at $15.40 on Monday. The firm has a market capitalization of $12.47 billion, a PE ratio of 22.32 and a beta of -0.06. The stock’s 50 day moving average is $14.94 and its 200 day moving average is $14.51. Kirin has a twelve month low of $12.25 and a twelve month high of $16.15. The company has a quick ratio of 0.85, a current ratio of 1.35 and a debt-to-equity ratio of 0.58.

Kirin (OTCMKTS:KNBWY) last posted its quarterly earnings data on Tuesday, November 11th. The company reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.34 by $0.08. Kirin had a return on equity of 5.74% and a net margin of 3.47%.The business had revenue of $4.02 billion during the quarter, compared to the consensus estimate of $4.16 billion. Research analysts forecast that Kirin will post 1.12 earnings per share 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.