Short Interest in Pigeon Corp (OTCMKTS:PGENY) Decreases By 33.3%

Key Points

• The short interest in Pigeon Corp decreased by 33.3% in September, falling from 300 shares to 200 shares.
• Pigeon's stock currently trades at $3.20, with a twelve-month range of $2.04 to $3.50 and a market cap of $1.53 billion.
• The company reported $197.33 million in revenue for the last quarter, exceeding analyst estimates of $195.90 million.

Pigeon Corp (OTCMKTS:PGENY - Get Free Report) was the recipient of a significant decrease in short interest in September. As of September 30th, there was short interest totaling 200 shares, a decrease of 33.3% from the September 15th total of 300 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 2.0 days. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 2.0 days.

Pigeon Stock Performance

Shares of OTCMKTS:PGENY opened at $3.20 on Wednesday. Pigeon has a twelve month low of $2.04 and a twelve month high of $3.50. The firm has a market cap of $1.53 billion, a PE ratio of 24.62 and a beta of 0.08. The business has a fifty day moving average of $2.94 and a 200-day moving average of $2.97.

Pigeon (OTCMKTS:PGENY - Get Free Report) last announced its earnings results on Thursday, August 7th. The company reported $0.04 earnings per share for the quarter. Pigeon had a return on equity of 11.95% and a net margin of 8.82%.The company had revenue of $197.33 million during the quarter, compared to analyst estimates of $195.90 million. On average, analysts anticipate that Pigeon 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.

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