Pigeon (OTCMKTS:PGENY) Sees Large Volume Increase - Here's What Happened

Pigeon Corp (OTCMKTS:PGENY - Get Free Report) saw unusually-high trading volume on Thursday . Approximately 4,759 shares were traded during trading, an increase of 534% from the previous session's volume of 751 shares.The stock last traded at $2.85 and had previously closed at $2.85.

Pigeon Price Performance

The firm's 50-day simple moving average is $3.04 and its 200-day simple moving average is $2.75. The firm has a market capitalization of $1.36 billion, a PE ratio of 23.75 and a beta of 0.15.

Pigeon (OTCMKTS:PGENY - Get Free Report) last posted its quarterly earnings results on Tuesday, May 13th. The company reported $0.03 earnings per share (EPS) for the quarter. Pigeon had a net margin of 8.33% and a return on equity of 10.85%. The business had revenue of $165.46 million during the quarter, compared to analyst estimates of $175.52 million. On average, equities research analysts forecast that Pigeon Corp will post 0.12 earnings per share for the current 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.