Pigeon (OTCMKTS:PGENY) Trading Down 14.3% – Here’s Why

Shares of Pigeon Co. (OTCMKTS:PGENYGet Free Report) traded down 14.3% during mid-day trading on Friday . The company traded as low as $2.09 and last traded at $2.09. 2,431 shares traded hands during mid-day trading, an increase of 78% from the average session volume of 1,365 shares. The stock had previously closed at $2.44.

Pigeon Stock Performance

The firm’s 50 day moving average price is $2.27 and its 200 day moving average price is $2.44.

Pigeon (OTCMKTS:PGENYGet Free Report) last released its quarterly earnings results on Thursday, November 7th. The company reported $0.03 EPS for the quarter. The business had revenue of $166.17 million during the quarter. Pigeon had a return on equity of 7.68% and a net margin of 5.70%. On average, sell-side analysts predict that Pigeon Co. will post 0.1 EPS for the current year.

Pigeon Company Profile

(Get Free Report)

Pigeon Corporation, together with its subsidiaries, engages in the manufacture, sale, import, and export of baby and child-care products, maternity items, women’s care products, home healthcare products, and nursing care products in Japan and internationally. The company operates in four segments: Japan Business, China Business, Singapore Business, and Lansinoh Business.

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