Pigeon (OTCMKTS:PGENY) Trading 27.7% Higher - Should You Buy?

Pigeon Co. (OTCMKTS:PGENY - Get Free Report)'s share price was up 27.7% on Monday . The stock traded as high as $3.01 and last traded at $3.01. Approximately 203 shares traded hands during trading, a decline of 77% from the average daily volume of 875 shares. The stock had previously closed at $2.36.

Pigeon Stock Performance

The stock has a market cap of $1.46 billion, a PE ratio of 25.50 and a beta of -0.02. The business has a fifty day simple moving average of $2.45 and a two-hundred day simple moving average of $2.46.

Pigeon (OTCMKTS:PGENY - Get Free Report) last issued its quarterly earnings results on Friday, February 14th. The company reported $0.04 earnings per share for the quarter. The company had revenue of $184.70 million for the quarter, compared to analysts' expectations of $160.29 million. Pigeon had a return on equity of 10.79% and a net margin of 8.04%. On average, research analysts predict that Pigeon Co. will post 0.12 earnings per share for the current year.

About Pigeon

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.