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

Pigeon Corp (OTCMKTS:PGENY – Get Free Report)’s share price gapped down before the market opened 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 changing hands.

Pigeon Price Performance

The stock has a market cap of $1.37 billion, a P/E ratio of 23.86 and a beta of 0.12. The stock’s 50-day moving average is $3.09 and its two-hundred day moving average is $2.92.

Pigeon (OTCMKTS:PGENY – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.04 earnings per share (EPS) for the quarter. The company 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%. On average, analysts anticipate that Pigeon Corp will post 0.13 EPS for the current fiscal 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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