PIGEON (OTCMKTS:PGENY) Sets New 52-Week High - Still a Buy?

Key Points

• Pigeon Corp's share price reached a new 52-week high at $3.50 during trading, closing at $3.26 with a trading volume of 210 shares.
• The company reported a net revenue of $197.33 million for the last quarter, slightly above analyst estimates of $195.90 million, with earnings per share of $0.04.
• Pigeon Corp has a market cap of $1.52 billion and a PE ratio of 24.46, reflecting a stable performance in its various business segments globally.

PIGEON CORP (OTCMKTS:PGENY - Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $3.50 and last traded at $3.26, with a volume of 210 shares traded. The stock had previously closed at $3.27.

PIGEON Price Performance

The stock's fifty day simple moving average is $3.02 and its 200-day simple moving average is $3.00. The stock has a market cap of $1.52 billion, a P/E ratio of 22.71 and a beta of 0.09.

PIGEON (OTCMKTS:PGENY - Get Free Report) last issued its earnings results on Thursday, August 7th. The company reported $0.04 earnings per share (EPS) for the quarter. PIGEON had a net margin of 8.82% and a return on equity of 11.95%. The firm had revenue of $197.33 million for the quarter, compared to analysts' expectations of $195.90 million. Analysts forecast that PIGEON CORP will post 0.12 EPS 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.