Pigeon (OTCMKTS:PGENY) Stock Price Up 2.6% - Still a Buy?

Pigeon Co. (OTCMKTS:PGENY - Get Free Report)'s share price was up 2.6% during mid-day trading on Thursday . The stock traded as high as $3.12 and last traded at $3.12. Approximately 400 shares traded hands during trading, a decline of 28% from the average daily volume of 554 shares. The stock had previously closed at $3.04.

Pigeon Stock Performance

The stock's 50 day simple moving average is $3.01 and its 200 day simple moving average is $2.59. The firm has a market cap of $1.50 billion, a PE ratio of 26.17 and a beta of 0.12.

Pigeon (OTCMKTS:PGENY - Get Free Report) last announced its earnings results on Tuesday, May 13th. The company reported $0.03 earnings per share (EPS) for the quarter. The company had revenue of $165.46 million during the quarter, compared to analyst estimates of $175.52 million. Pigeon had a net margin of 8.04% and a return on equity of 10.79%. As a group, analysts anticipate that Pigeon Co. will post 0.12 earnings per share 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.