Pigeon Corp (OTCMKTS:PGENY) Stock Short Interest Declines 43.0%

Pigeon Corp (OTCMKTS:PGENY) saw a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 268 shares, a decline of 43.0% from the August 31st total of 470 shares. Based on an average daily volume of 1,649 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.

Pigeon Stock Performance

Shares of Pigeon stock remained flat at $3.21 during trading hours on Thursday. The stock’s 50-day moving average is $3.10 and its two-hundred day moving average is $2.94. Pigeon has a 1 year low of $2.21 and a 1 year high of $3.38. The stock has a market capitalization of $1.54 billion, a price-to-earnings ratio of 26.75 and a beta of 0.12.

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

Pigeon Company Profile

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.