Pigeon (OTCMKTS:PGENY) Shares Gap Up – Still a Buy?

by · The Markets Daily

Pigeon Corp (OTCMKTS:PGENY – Get Free Report) gapped up prior to trading on Monday . The stock had previously closed at $2.24, but opened at $2.49. Pigeon shares last traded at $2.49, with a volume of 1,000 shares traded.

Pigeon Stock Performance

The firm’s fifty day moving average price is $2.68 and its 200-day moving average price is $2.89. The company has a market cap of $1.19 billion, a P/E ratio of 19.16 and a beta of 0.16.

Pigeon (OTCMKTS:PGENY – Get Free Report) last released its earnings results on Thursday, November 6th. The company reported $0.03 earnings per share for the quarter. Pigeon had a net margin of 9.17% and a return on equity of 12.53%. The business had revenue of $181.70 million during the quarter. As a group, research analysts forecast that Pigeon Corp will post 0.12 earnings per share for the current fiscal year.

About Pigeon

(Get Free Report)

Pigeon Corporation, together with its subsidiaries, engages in the manufacture, sale, import, and export of baby and child-care products, maternity items, women’s care products, home healthcare products, and nursing care products in Japan and internationally. The company operates in four segments: Japan Business, China Business, Singapore Business, and Lansinoh Business.

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