Pan Pacific International (OTCMKTS:DQJCY) Shares Gap Up – Still a Buy?

Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) shares gapped up prior to trading on Monday . The stock had previously closed at $11.88, but opened at $12.42. Pan Pacific International shares last traded at $11.9025, with a volume of 6,699 shares traded.

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, According to data from MarketBeat, the stock has an average rating of “Hold”.

Pan Pacific International Price Performance

The company has a 50-day simple moving average of $12.60 and a 200-day simple moving average of $12.72. The firm has a market cap of $19.26 billion and a PE 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.