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

Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) shares gapped down before the market opened on Monday . The stock had previously closed at $11.30, but opened at $10.87. Pan Pacific International shares last traded at $11.4525, with a volume of 1,615 shares.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of Pan Pacific International to a “hold” rating in a research note on Wednesday, April 8th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Pan Pacific International Stock Performance

The company’s 50 day moving average price is $12.30 and its 200 day moving average price is $12.20. The company has a market cap of $18.09 billion and a price-to-earnings ratio of 0.01.

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.