Pigeon Co. (OTCMKTS:PGENY) Sees Large Drop in Short Interest

Pigeon Co. (OTCMKTS:PGENY) saw a significant drop in short interest in April. As of April 15th, there was short interest totalling 2,100 shares, a drop of 16.0% from the March 31st total of 2,500 shares. Based on an average daily trading volume, of 2,000 shares, the short-interest ratio is currently 1.1 days.

Pigeon Price Performance

Shares of OTCMKTS PGENY opened at $2.25 on Friday. The stock’s 50-day simple moving average is $2.41 and its 200-day simple moving average is $2.60. The company has a debt-to-equity ratio of 0.02, a quick ratio of 3.79 and a current ratio of 4.79. The firm has a market capitalization of $1.09 billion, a PE ratio of 20.42 and a beta of -0.01. Pigeon has a fifty-two week low of $2.19 and a fifty-two week high of $4.07.

Pigeon (OTCMKTS:PGENY) last issued its quarterly earnings data on Thursday, February 15th. The company reported $0.01 earnings per share for the quarter. Pigeon had a net margin of 7.96% and a return on equity of 9.57%. The business had revenue of $145.73 million during the quarter.

About Pigeon

Pigeon Corporation, together with its subsidiaries, engages in the manufacture, sale, import, and export of baby and child-care products, maternity items, women's care products, home healthcare products, and nursing care products in Japan and internationally. The company operates in four segments: Japan Business, China Business, Singapore Business, and Lansinoh Business.