Pan Pacific International (OTCMKTS:DQJCY) Shares Gap Up – Here’s What Happened

Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) gapped up prior to trading on Thursday . The stock had previously closed at $10.41, but opened at $10.99. Pan Pacific International shares last traded at $10.88, with a volume of 202,179 shares.

Wall Street Analysts Forecast Growth

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

Pan Pacific International Trading Up 0.6%

The stock has a market capitalization of $17.18 billion and a price-to-earnings ratio of 0.01. The firm has a 50-day moving average of $11.27 and a 200 day moving average of $11.92.

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.