Pigeon (OTCMKTS:PGENY) Shares Gap Down - Should You Sell?

Shares of Pigeon Corp (OTCMKTS:PGENY - Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $3.13, but opened at $2.85. Pigeon shares last traded at $2.85, with a volume of 200 shares.

Pigeon Stock Down 8.9%

The company has a market cap of $1.36 billion, a P/E ratio of 23.75 and a beta of 0.17. The business has a 50-day moving average price of $3.04 and a two-hundred day moving average price of $2.72.

Pigeon (OTCMKTS:PGENY - Get Free Report) last released its quarterly earnings data on Tuesday, May 13th. The company reported $0.03 EPS for the quarter. The business had revenue of $165.46 million during the quarter, compared to the consensus estimate of $175.52 million. Pigeon had a return on equity of 10.85% and a net margin of 8.33%. As a group, sell-side analysts expect 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.