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

Shares of Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) gapped down prior to trading on Friday . The stock had previously closed at $11.78, but opened at $10.87. Pan Pacific International shares last traded at $11.1815, with a volume of 2,038 shares trading hands.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of 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, Pan Pacific International currently has an average rating of “Hold”.

Pan Pacific International Stock Down 4.5%

The firm has a 50 day simple moving average of $10.54 and a two-hundred day simple moving average of $11.55. The stock has a market capitalization of $18.03 billion and a P/E 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.