Pigeon (OTCMKTS:PGENY) Reaches New 12-Month High – Here’s What Happened

Pigeon Corp (OTCMKTS:PGENY) shares hit a new 52-week high on Friday. The company traded as high as $3.4136 and last traded at $3.4136, with a volume of 100 shares traded. The stock had previously closed at $3.21.

Pigeon Stock Performance

The stock has a market capitalization of $1.63 billion, a price-to-earnings ratio of 28.45 and a beta of 0.12. The company has a 50-day moving average of $3.16 and a 200-day moving average of $2.86.

Pigeon (OTCMKTS:PGENY) last announced its earnings results on Thursday, November 5th. The company reported $0.05 EPS for the quarter. The firm had revenue of $189.78 million for the quarter, compared to analysts’ expectations of $188.01 million. Pigeon had a return on equity of 11.11% and a net margin of 8.01%. As a group, analysts expect that Pigeon Corp will post 0.13 earnings per share for the current year.

About Pigeon

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.