Pan Pacific International (OTCMKTS:DQJCY) Sets New 12-Month Low – Time to Sell?

Pan Pacific International Holdings Co. (OTCMKTS:DQJCY)’s share price reached a new 52-week low during trading on Thursday . The stock traded as low as $9.11 and last traded at $9.21, with a volume of 467006 shares. The stock had previously closed at $9.70.

Pan Pacific International Price Performance

The business’s 50-day moving average is $10.70 and its two-hundred day moving average is $11.26.

Institutional Trading of Pan Pacific International

An institutional investor recently raised its position in Pan Pacific International stock. Madison Asset Management LLC grew its position in Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) by 14.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 215,902 shares of the company’s stock after acquiring an additional 27,240 shares during the period. Madison Asset Management LLC’s holdings in Pan Pacific International were worth $2,191,000 at the end of the most recent quarter.

Pan Pacific International Company Profile

Pan Pacific International Holdings Corp. is a Japan-based retail holding company best known for operating the Don Quijote chain of discount stores. Its stores offer a broad assortment of groceries, household goods, consumer electronics, apparel, cosmetics, toys and other general merchandise, often through stores designed for extended operating hours and high-volume shopping.

The company also operates other retail formats, including MEGA Don Quijote stores and supermarkets and general merchandise stores under the UNY and Apita brands.