Pigeon (OTCMKTS:PGENY) Hits New 52-Week High - Time to Buy?

Key Points

• Pigeon Corp's share price reached a new 52-week high of $3.42, reflecting a 13.8% increase from a previous close of $3.01.
• The company reported $197.33 million in revenue for its last quarter, exceeding analyst expectations of $195.90 million, along with an EPS of $0.04.
• Pigeon Corp has a market capitalization of $1.64 billion and operates in various segments, including Japan, China, Singapore, and Lansinoh businesses.

Pigeon Corp (OTCMKTS:PGENY - Get Free Report) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as $3.42 and last traded at $3.42, with a volume of 1120 shares changing hands. The stock had previously closed at $3.01.

Pigeon Price Performance

The company's 50 day moving average price is $2.93 and its 200 day moving average price is $2.94. The firm has a market capitalization of $1.64 billion, a P/E ratio of 26.31 and a beta of 0.09.

Pigeon (OTCMKTS:PGENY - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The company reported $0.04 EPS for the quarter. Pigeon had a net margin of 8.82% and a return on equity of 11.95%. The business had revenue of $197.33 million for the quarter, compared to analysts' expectations of $195.90 million. On average, research analysts anticipate that Pigeon Corp will post 0.12 EPS for the current fiscal 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.