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

Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) gapped down before the market opened on Friday . The stock had previously closed at $11.78, but opened at $10.87. Pan Pacific International shares last traded at $11.1815, with a volume of 2,038 shares.

Analyst Upgrades and Downgrades

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

Pan Pacific International Stock Down 4.5%

The business’s 50 day simple moving average is $10.54 and its two-hundred day simple moving average is $11.55. The stock has a market cap of $18.03 billion and a P/E 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.