Pigeon (OTCMKTS:PGENY) Shares Up 7.5% – Still a Buy?

Pigeon Corp (OTCMKTS:PGENY) shares rose 7.5% during mid-day trading on Friday . The stock traded as high as $3.15 and last traded at $3.15. Approximately 200 shares were traded during trading, a decline of 77% from the average session volume of 860 shares. The stock had previously closed at $2.93.

Pigeon Trading Up 7.5%

The stock has a 50 day simple moving average of $3.02 and a 200 day simple moving average of $2.68. The firm has a market capitalization of $1.51 billion, a PE ratio of 28.64 and a beta of 0.14.

Pigeon (OTCMKTS:PGENY) last released its quarterly earnings data on Thursday, May 14th. The company reported $0.03 earnings per share for the quarter. Pigeon had a return on equity of 11.20% and a net margin of 7.67%.The firm had revenue of $176.60 million during the quarter. As a group, equities analysts anticipate 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.