PIGEON CORP/ADR (OTCMKTS:PGENY) Upgraded by ValuEngine to “Hold”

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PIGEON CORP/ADR (OTCMKTS:PGENY) was upgraded by research analysts at ValuEngine from a “sell” rating to a “hold” rating in a research note issued to investors on Tuesday, ValuEngine reports.

OTCMKTS:PGENY traded down $2.12 on Tuesday, reaching $9.66. 1,633 shares of the stock traded hands, compared to its average volume of 2,232. The company has a market capitalization of $5.64 billion, a price-to-earnings ratio of 35.78 and a beta of 0.54. PIGEON CORP/ADR has a 12 month low of $8.30 and a 12 month high of $12.30. The company’s fifty day simple moving average is $11.60 and its 200 day simple moving average is $10.14.

PIGEON CORP/ADR (OTCMKTS:PGENY) last issued its earnings results on Monday, September 2nd. The company reported $0.07 earnings per share (EPS) for the quarter. The firm had revenue of $248.80 million for the quarter. PIGEON CORP/ADR had a net margin of 12.16% and a return on equity of 18.98%.

About PIGEON CORP/ADR

Pigeon Corporation manufactures, sells, imports, and exports baby and child-care products, maternity items, women's care products, home healthcare products, elder care products, etc. in Japan and internationally. The company operates through Domestic Baby & Mother Care Business, Child Care Service Business, Health & Elder Care Business, Overseas Business, China Business, and Other segments.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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