Pigeon (OTCMKTS:PGENY) Shares Gap Down – Here’s Why

Pigeon Corp (OTCMKTS:PGENYGet Free Report)’s stock price gapped down prior to trading 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 changing hands.

Pigeon Stock Performance

The firm has a market capitalization of $1.40 billion, a price-to-earnings ratio of 26.64 and a beta of 0.14. The stock’s fifty day moving average price is $3.02 and its two-hundred day moving average price is $2.66.

Pigeon (OTCMKTS:PGENYGet Free Report) last issued its earnings results on Thursday, May 14th. The company reported $0.03 EPS for the quarter. The firm 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%. Analysts anticipate that Pigeon Corp will post 0.12 earnings per share for the current fiscal year.

About Pigeon

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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.

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