Kirin Holdings Company, Limited (OTCMKTS:KNBWY) Sees Large Decline in Short Interest

Kirin Holdings Company, Limited (OTCMKTS:KNBWY) saw a large decrease in short interest in March. As of March 15th, there was short interest totalling 75,800 shares, a decrease of 40.0% from the February 28th total of 126,300 shares. Based on an average daily volume of 95,600 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.0% of the company’s stock are short sold.

Kirin Stock Down 0.4 %

Shares of KNBWY traded down $0.06 during trading hours on Friday, hitting $14.01. The stock had a trading volume of 10,207 shares, compared to its average volume of 108,277. Kirin has a 1-year low of $12.25 and a 1-year high of $16.25. The firm has a market capitalization of $11.35 billion, a P/E ratio of 29.19, a price-to-earnings-growth ratio of 0.93 and a beta of 0.12. The firm has a 50 day simple moving average of $13.31 and a 200-day simple moving average of $13.87. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.18 and a quick ratio of 0.75.

Kirin (OTCMKTS:KNBWY) last announced its quarterly earnings data on Friday, February 14th. The company reported ($0.17) EPS for the quarter. Kirin had a net margin of 2.50% and a return on equity of 3.85%. The firm had revenue of $4.19 billion during the quarter. Sell-side analysts predict that Kirin will post 1.12 EPS for the current fiscal 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.