Pigeon (OTCMKTS:PGENY) Stock Price Up 27.7% – Here’s Why

Pigeon Co. (OTCMKTS:PGENYGet Free Report)’s share price rose 27.7% on Monday . The company traded as high as $3.01 and last traded at $3.01. Approximately 203 shares changed hands during trading, a decline of 77% from the average daily volume of 875 shares. The stock had previously closed at $2.36.

Pigeon Trading Up 27.7 %

The stock’s fifty day moving average is $2.41 and its two-hundred day moving average is $2.44. The firm has a market cap of $1.44 billion, a P/E ratio of 25.08 and a beta of -0.02.

Pigeon (OTCMKTS:PGENYGet Free Report) last issued its quarterly earnings results on Friday, February 14th. The company reported $0.04 EPS for the quarter. The firm had revenue of $184.70 million for the quarter, compared to analyst estimates of $160.29 million. Pigeon had a net margin of 8.04% and a return on equity of 10.79%. On average, analysts forecast that Pigeon Co. will post 0.12 EPS for the current year.

About Pigeon

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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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