Pan Pacific International (OTCMKTS:DQJCY) Shares Gap Down – Here’s What Happened

Pan Pacific International Holdings Co. (OTCMKTS:DQJCY)’s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $10.98, but opened at $10.25. Pan Pacific International shares last traded at $10.6720, with a volume of 136,373 shares.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of Pan Pacific International to a “hold” rating in a research note on Wednesday, April 8th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has an average rating of “Hold”.

Pan Pacific International Price Performance

The stock has a market cap of $16.52 billion and a price-to-earnings ratio of 0.01. The firm has a 50 day simple moving average of $10.51 and a two-hundred day simple moving average of $11.57.

Pan Pacific International Company Profile

Pan Pacific International Holdings Corporation, together with its subsidiaries, operates retail stores. The company operates discount stores under the Don Quijote, MEGA Don Quijote, and MEGA Don Quijote UNY, and Nagasakiya names; and general merchandise stores under the Apita and Piago names. It is also involved in leasing space management; tenant leasing; real estate development; general wholesale; provision of logistic services and internet services; and development and procurement of products and control of production.