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

Pan Pacific International Holdings Co. (OTCMKTS:DQJCY)’s stock price gapped down prior to trading 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 changing hands.

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 investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Pan Pacific International presently has an average rating of “Hold”.

Pan Pacific International Stock Performance

The stock’s 50 day moving average price is $10.52 and its 200-day moving average price is $11.59. The company has a market cap of $16.99 billion and a PE ratio of 0.01.

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.