Pigeon Corp (OTCMKTS:PGENY) Stock Short Interest Drops 43.0%
by Mitch Edgeman · The Markets DailyPigeon Corp (OTCMKTS:PGENY – Get Free Report) was the target of a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 268 shares, a decline of 43.0% from the August 31st total of 470 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 1,649 shares, the short-interest ratio is currently 0.2 days.
Pigeon Price Performance
Shares of OTCMKTS PGENY remained flat at $3.21 during trading hours on Wednesday. The firm has a 50 day simple moving average of $3.09 and a two-hundred day simple moving average of $2.94. Pigeon has a 1 year low of $2.21 and a 1 year high of $3.38. The stock has a market cap of $1.54 billion, a P/E ratio of 26.75 and a beta of 0.12.
Pigeon (OTCMKTS:PGENY – Get Free Report) last released its earnings results on Thursday, August 6th. The company reported $0.04 earnings per share (EPS) for the quarter. The firm had revenue of $196.22 million for the quarter. Pigeon had a return on equity of 11.11% and a net margin of 8.01%. Research analysts anticipate that Pigeon will post 0.13 EPS for the current year.
About Pigeon
Pigeon Corporation is a Japanese manufacturer of products and services focused on baby care, maternity care and family health. Its offerings include nursing bottles and nipples, breastfeeding and breast-care products, baby toiletries, skin-care products, diapers and related items designed to support parents and infants.
The company also develops products for women and families, including maternity and postpartum-care goods, as well as products for older adults and people requiring nursing care.