Kirin (OTCMKTS:KNBWY) Stock Price Crosses Below 200 Day Moving Average of $14.59

Kirin Holdings Company, Limited (OTCMKTS:KNBWY)’s stock price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $14.59 and traded as low as $14.25. Kirin shares last traded at $14.57, with a volume of 29,710 shares changing hands.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group started coverage on Kirin in a research note on Wednesday, October 4th. They set a “sell” rating for the company.

Kirin Stock Performance

The firm has a 50 day moving average of $14.20 and a two-hundred day moving average of $14.58. The stock has a market cap of $12.15 billion, a P/E ratio of 25.12 and a beta of 0.36. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.85 and a current ratio of 1.36.

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.