Pan Pacific International (OTCMKTS:DQJCY) Stock Jumps 4.9% – Should You Buy?

Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) shares were up 4.9% during trading on Monday. The company traded as high as $9.90 and last traded at $9.90. Approximately 58 shares traded hands during mid-day trading, a decline of 100% from the average session volume of 356,621 shares. The stock had previously closed at $9.44.

Pan Pacific International Stock Performance

The firm has a 50 day moving average of $9.43 and a two-hundred day moving average of $10.43.

Institutional Trading of Pan Pacific International

An institutional investor recently raised its position in Pan Pacific International stock. Madison Asset Management LLC lifted its position in Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) by 14.4% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 215,902 shares of the company’s stock after purchasing an additional 27,240 shares during the quarter. Madison Asset Management LLC’s holdings in Pan Pacific International were worth $2,191,000 at the end of the most recent quarter.

About Pan Pacific International

Pan Pacific International Holdings Corporation is a Japan-based retail 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 a high-volume, value-oriented retail format.

The company also operates UNY general merchandise stores and specialty retail formats, including the DON DON DONKI brand focused on Japanese products and food.