Pan Pacific International (OTCMKTS:DQJCY) Shares Gap Down – Time to Sell?

Pan Pacific International Holdings Co. (OTCMKTS:DQJCY)’s share price gapped down before the market opened on Wednesday . The stock had previously closed at $10.81, but opened at $10.1701. Pan Pacific International shares last traded at $10.60, with a volume of 119,773 shares traded.

Analysts Set New Price Targets

Separately, Zacks Research raised Pan Pacific International to a “hold” rating in a report on Wednesday, April 8th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Pan Pacific International presently has a consensus rating of “Hold”.

Pan Pacific International Price Performance

The company’s 50 day simple moving average is $10.55 and its 200 day simple moving average is $11.61. The company has a market capitalization of $17.01 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.