Pigeon (OTCMKTS:PGENY) Shares Gap Down – Time to Sell?

Pigeon Corp (OTCMKTS:PGENY – Get Free Report)’s share price gapped down prior to trading on Thursday. The stock had previously closed at $3.10, but opened at $2.8632. Pigeon shares last traded at $2.8632, with a volume of 100 shares trading hands.

Pigeon Trading Up 12.1%

The firm has a market cap of $1.54 billion, a price-to-earnings ratio of 26.75 and a beta of 0.12. The stock’s fifty day moving average price is $3.09 and its 200-day moving average price is $2.93.

Pigeon (OTCMKTS:PGENY – Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.04 earnings per share for the quarter. The business had revenue of $196.22 million during the quarter. Pigeon had a return on equity of 11.11% and a net margin of 8.01%. Analysts predict that Pigeon Corp will post 0.13 earnings per share for the current year.

About Pigeon

(Get Free Report)

Pigeon Corporation is a Japanese manufacturer of products and services focused on baby care, maternity care and family health. Its offerings include nursing bottles and nipples, breastfeeding and breast-care products, baby toiletries, skin-care products, diapers and related items designed to support parents and infants.

The company also develops products for women and families, including maternity and postpartum-care goods, as well as products for older adults and people requiring nursing care.

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