Pigeon (OTCMKTS:PGENY) Releases Quarterly Earnings Results

Pigeon (OTCMKTS:PGENY) issued its earnings results on Thursday. The company reported $0.05 earnings per share (EPS) for the quarter, Zacks reports. Pigeon had a net margin of 8.01% and a return on equity of 11.11%. The company had revenue of $189.78 million for the quarter, compared to analyst estimates of $188.01 million.

Pigeon Stock Up 6.3%

OTCMKTS PGENY traded up $0.20 during trading hours on Friday, hitting $3.41. The company’s stock had a trading volume of 100 shares, compared to its average volume of 8. The stock has a fifty day moving average of $3.17 and a 200 day moving average of $2.87. Pigeon has a twelve month low of $2.21 and a twelve month high of $3.41. The firm has a market capitalization of $1.63 billion, a P/E ratio of 24.38 and a beta of 0.12.

About Pigeon

Pigeon Corporation is a Japan-based manufacturer of products and services for babies, mothers and families. Its portfolio includes nursing bottles and breastfeeding accessories, baby toiletries, feeding products, diapers, wipes, toys and other maternity and child-care goods.

The company also provides products for women’s health and wellness, as well as supplies for older adults and people requiring nursing care. Pigeon sells its products through retail stores, e-commerce channels and other distribution partners under the Pigeon brand and related product lines.

Founded in 1957 and headquartered in Tokyo, Pigeon serves customers in Japan and international markets, including other parts of Asia and selected regions in North America and Europe.