Pigeon (OTCMKTS:PGENY) Trading Up 27.7% – What’s Next?

Pigeon Co. (OTCMKTS:PGENY) shares were up 27.7% during mid-day trading on Monday . The company traded as high as $3.01 and last traded at $3.01. Approximately 203 shares traded hands during mid-day trading, a decline of 77% from the average daily volume of 875 shares. The stock had previously closed at $2.36.

Pigeon Stock Performance

The firm has a market capitalization of $1.46 billion, a price-to-earnings ratio of 25.50 and a beta of -0.02. The business has a 50 day simple moving average of $2.43 and a 200-day simple moving average of $2.45.

Pigeon (OTCMKTS:PGENY) last issued its quarterly earnings data on Friday, February 14th. The company reported $0.04 earnings per share (EPS) for the quarter. The firm had revenue of $184.70 million during the quarter, compared to the consensus estimate of $160.29 million. Pigeon had a return on equity of 10.79% and a net margin of 8.04%. Equities analysts predict that Pigeon Co. will post 0.12 earnings per share for the current fiscal year.

Pigeon Company Profile

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.