Pigeon (OTCMKTS:PGENY) Reaches New 12-Month High - Still a Buy?

Pigeon Co. (OTCMKTS:PGENY - Get Free Report) shares hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $3.12 and last traded at $3.12, with a volume of 400 shares. The stock had previously closed at $3.04.

Pigeon Price Performance

The stock has a 50 day moving average of $3.01 and a 200 day moving average of $2.59. The company has a market capitalization of $1.50 billion, a price-to-earnings ratio of 26.17 and a beta of 0.12.

Pigeon (OTCMKTS:PGENY - Get Free Report) last announced its earnings results on Tuesday, May 13th. The company reported $0.03 earnings per share for the quarter. Pigeon had a net margin of 8.04% and a return on equity of 10.79%. The business had revenue of $165.46 million during the quarter, compared to the consensus estimate of $175.52 million. As a group, sell-side analysts anticipate that Pigeon Co. will post 0.12 EPS for the current fiscal year.

Pigeon Company Profile

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.