Pigeon (OTCMKTS:PGENY) Trading Up 5.5% - Here's What Happened

Key Points

• Pigeon Corp's stock price increased by 5.5% on Friday, reaching a trading high of $3.04 after closing at $2.85.
• The company reported earnings of $0.04 EPS for the quarter, exceeding the consensus estimate, with revenues of $197.33 million.
• Pigeon Corp has a market capitalization of $1.44 billion and operates in multiple segments including Japan, China, Singapore, and through its Lansinoh brand.

Pigeon Corp (OTCMKTS:PGENY - Get Free Report)'s share price was up 5.5% during trading on Friday . The company traded as high as $3.04 and last traded at $3.01. Approximately 600 shares traded hands during trading, The stock had previously closed at $2.85.

Pigeon Stock Performance

The stock has a market cap of $1.44 billion, a PE ratio of 23.12 and a beta of 0.12. The business has a 50-day moving average of $2.93 and a 200 day moving average of $2.86.

Pigeon (OTCMKTS:PGENY - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported $0.04 EPS for the quarter. The firm had revenue of $197.33 million during the quarter, compared to analysts' expectations of $195.90 million. Pigeon had a return on equity of 12.07% and a net margin of 8.82%. Equities 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.