Pan Pacific International (OTCMKTS:DQJCY) Shares Gap Up – What’s Next?

by · The Markets Daily

Shares of Pan Pacific International Holdings Co. (OTCMKTS:DQJCY – Get Free Report) gapped up prior to trading on Wednesday. The stock had previously closed at $9.02, but opened at $9.47. Pan Pacific International shares last traded at $9.14, with a volume of 985 shares changing hands.

Pan Pacific International Price Performance

The firm has a 50 day moving average price of $10.28 and a 200-day moving average price of $10.86.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Pan Pacific International stock. Madison Asset Management LLC boosted its position in shares of Pan Pacific International Holdings Co. (OTCMKTS:DQJCY – Free Report) by 14.4% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 215,902 shares of the company’s stock after acquiring an additional 27,240 shares during the period. Madison Asset Management LLC’s holdings in Pan Pacific International were worth $2,191,000 as of its most recent SEC filing.

About Pan Pacific International

(Get Free Report)

Pan Pacific International Holdings Corporation is a Japan-based retail group best known for operating the Don Quijote chain of discount stores. Its businesses offer a broad range of products, including groceries, household goods, consumer electronics, clothing, cosmetics, sporting goods and other general merchandise. The company also operates larger-format MEGA Don Quijote stores and maintains retail operations under the UNY and Apita brands.

The company traces its origins to the establishment of Just Co, Ltd.

Featured Articles