Pigeon Corp (OTCMKTS:PGENY) Short Interest Down 35.7% in August

Pigeon Corp (OTCMKTS:PGENY) saw a large decline in short interest in August. As of August 31st, there was short interest totaling 470 shares, a decline of 35.7% from the August 15th total of 731 shares. Based on an average daily volume of 1,245 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the shares of the stock are short sold.

Pigeon Stock Performance

Shares of Pigeon stock remained flat at $3.10 on Thursday. Pigeon has a 52 week low of $2.21 and a 52 week high of $3.50. The company’s 50-day moving average is $3.10 and its 200 day moving average is $2.90. The company has a market capitalization of $1.48 billion, a PE ratio of 25.83 and a beta of 0.12.

Pigeon (OTCMKTS:PGENY) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.04 earnings per share (EPS) for the quarter. The company had revenue of $196.22 million for the quarter. Pigeon had a net margin of 8.01% and a return on equity of 11.11%. On average, equities analysts predict that Pigeon will post 0.13 earnings per share for the current fiscal year.

About Pigeon

Pigeon Corporation is a Japanese manufacturer of products and services focused on baby care, maternity care and family health. Its offerings include nursing bottles and nipples, breastfeeding and breast-care products, baby toiletries, skin-care products, diapers and related items designed to support parents and infants.

The company also develops products for women and families, including maternity and postpartum-care goods, as well as products for older adults and people requiring nursing care.