Pigeon (OTCMKTS:PGENY) Shares Gap Down – Should You Sell?

Shares of Pigeon Corp (OTCMKTS:PGENY – Get Free Report) 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 company’s 50-day simple moving average is $3.09 and its two-hundred day simple moving average is $2.92. The firm has a market capitalization of $1.37 billion, a P/E ratio of 23.86 and a beta of 0.12.

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

Pigeon Company Profile

(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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