Pan Pacific International (OTCMKTS:DQJCY) Shares Gap Up – Time to Buy?

Pan Pacific International Holdings Co. (OTCMKTS:DQJCY)’s stock price gapped up before the market opened on Thursday . The stock had previously closed at $10.20, but opened at $11.19. Pan Pacific International shares last traded at $10.8750, with a volume of 1,048 shares changing hands.

Wall Street Analysts Forecast Growth

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

Pan Pacific International Stock Up 6.8%

The stock has a market capitalization of $17.30 billion and a P/E ratio of 0.01. The company has a fifty day moving average price of $11.65 and a 200-day moving average price of $12.04.

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.