Pigeon (OTCMKTS:PGENY) Shares Gap Down – What’s Next?

Pigeon Corp (OTCMKTS:PGENY)’s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $3.15, but opened at $2.93. Pigeon shares last traded at $2.93, with a volume of 350 shares trading hands.

Pigeon Stock Down 7.0%

The stock has a market cap of $1.40 billion, a P/E ratio of 26.64 and a beta of 0.14. The firm’s fifty day moving average price is $3.02 and its 200-day moving average price is $2.66.

Pigeon (OTCMKTS:PGENY) last posted its quarterly earnings results on Thursday, May 14th. The company reported $0.03 EPS for the quarter. The company had revenue of $176.60 million during the quarter. Pigeon had a net margin of 7.67% and a return on equity of 11.20%. Sell-side analysts predict that Pigeon Corp will post 0.12 earnings per share for the current year.

About Pigeon

Pigeon Corporation (OTCMKTS:PGENY) is a Japan-based company specializing in the development, manufacture and sale of mother and baby care products. Founded in 1957, Pigeon has built a reputation for producing high-quality feeding and nursing supplies designed to support infant health and maternal comfort. The company’s product portfolio spans feeding bottles and nipples, pacifiers, breast pumps, and related accessories, emphasizing safety and ease of use backed by extensive research and development.

Beyond feeding and nursing equipment, Pigeon offers a range of baby skincare items, including gentle cleansers, lotions and diaper rash creams formulated to address the sensitive skin of infants.