Pan Pacific International (OTCMKTS:DQJCY) Shares Gap Down - Here's What Happened

Key Points

• Gapped down: Pan Pacific shares fell from a prior close of $12.02 to an open of $11.55 and last traded at $11.8850 on a volume of 11,869 shares.
• Zacks Research upgraded the stock to a "Hold" on April 8, and MarketBeat shows the company's average analyst rating as Hold.
• The stock's 50-day and 200-day moving averages are $12.58 and $12.27 respectively, and the company has a market capitalization of $18.65 billion with a reported PE ratio of 0.01.

Pan Pacific International Holdings Co. (OTCMKTS:DQJCY - Get Free Report) shares gapped down before the market opened on Tuesday . The stock had previously closed at $12.02, but opened at $11.55. Pan Pacific International shares last traded at $11.8850, with a volume of 11,869 shares.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded shares of Pan Pacific International to a "hold" rating in a research report on Wednesday, April 8th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company presently has an average rating of "Hold".

Pan Pacific International Stock Performance

The business's 50-day moving average is $12.58 and its two-hundred day moving average is $12.27. The stock has a market capitalization of $18.65 billion and a PE ratio of 0.01.

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.

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