Pan Pacific International (OTCMKTS:DQJCY) Shares Gap Up – Should You Buy?

Shares of Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) gapped up before the market opened on Thursday . The stock had previously closed at $10.41, but opened at $10.99. Pan Pacific International shares last traded at $10.88, with a volume of 202,179 shares.

Analysts Set New Price Targets

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

Pan Pacific International Price Performance

The firm has a market capitalization of $16.94 billion and a P/E ratio of 0.01. The stock’s 50 day moving average is $11.21 and its two-hundred day moving average is $11.90.

About Pan Pacific International

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.