Pigeon (OTCMKTS:PGENY) Reaches New 52-Week High – Should You Buy?

Pigeon Co. (OTCMKTS:PGENY) hit a new 52-week high during trading on Tuesday . The company traded as high as $3.06 and last traded at $3.06, with a volume of 200 shares changing hands. The stock had previously closed at $3.01.

Pigeon Price Performance

The company has a market capitalization of $1.46 billion, a price-to-earnings ratio of 25.50 and a beta of -0.02. The stock has a fifty day simple moving average of $2.41 and a 200-day simple moving average of $2.44.

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

About Pigeon

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.