Pigeon Co. (OTCMKTS:PGENY) Short Interest Down 25.0% in July

Pigeon Co. (OTCMKTS:PGENY) was the recipient of a large drop in short interest in the month of July. As of July 15th, there was short interest totalling 3,300 shares, a drop of 25.0% from the June 30th total of 4,400 shares. Based on an average trading volume of 1,400 shares, the short-interest ratio is presently 2.4 days.

Pigeon Stock Performance

Pigeon stock traded down $0.10 during trading hours on Monday, reaching $2.32. 1,872 shares of the company’s stock were exchanged, compared to its average volume of 1,489. The firm’s 50 day simple moving average is $2.30 and its 200 day simple moving average is $2.42. Pigeon has a twelve month low of $2.18 and a twelve month high of $3.29.

Pigeon (OTCMKTS:PGENY) last issued its earnings results on Tuesday, May 14th. The company reported $0.03 EPS for the quarter. The company had revenue of $160.02 million during the quarter. Pigeon had a return on equity of 8.82% and a net margin of 7.33%. As a group, analysts anticipate that Pigeon will post 0.09 EPS for the current year.

Pigeon Company Profile

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.