Pigeon (OTCMKTS:PGENY) Shares Gap Up – Time to Buy?

Pigeon Corp (OTCMKTS:PGENY)’s stock price gapped up before the market opened on Friday. The stock had previously closed at $2.8632, but opened at $3.3350. Pigeon shares last traded at $3.3350, with a volume of 100 shares.

Pigeon Price Performance

The firm’s 50 day moving average is $3.14 and its two-hundred day moving average is $3.02. The firm has a market capitalization of $1.60 billion, a P/E ratio of 27.79 and a beta of 0.07.

Pigeon (OTCMKTS:PGENY) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.04 earnings per share (EPS) for the quarter. The firm had revenue of $196.22 million for the quarter. Pigeon had a net margin of 8.01% and a return on equity of 11.11%. Analysts anticipate that Pigeon Corp will post 0.13 EPS for the current fiscal year.

Pigeon Company Profile

Pigeon Corporation is a Japan-based manufacturer of products and services for babies, mothers and families. Its portfolio includes nursing bottles and breastfeeding accessories, baby toiletries, feeding products, diapers, wipes, toys and other maternity and child-care goods.

The company also provides products for women’s health and wellness, as well as supplies for older adults and people requiring nursing care. Pigeon sells its products through retail stores, e-commerce channels and other distribution partners under the Pigeon brand and related product lines.

Founded in 1957 and headquartered in Tokyo, Pigeon serves customers in Japan and international markets, including other parts of Asia and selected regions in North America and Europe.