Pan Pacific International (OTCMKTS:DQJCY) Shares Gap Down - What's Next?

Key Points

• Shares gapped down at Monday's open from $11.30 to $10.87 and were last reported at $11.4525 on light volume (1,615 shares), with the stock down about 0.8%.
• Analyst activity is muted: Zacks Research recently moved the stock to a Hold and MarketBeat shows a consensus rating of Hold (one analyst).
• Technicals and valuation show the stock trading below its 50‑day and 200‑day moving averages (about $12.38 and $12.21), with a market cap of $17.81 billion and an anomalously low reported P/E of 0.01.

Shares of Pan Pacific International Holdings Co. (OTCMKTS:DQJCY - Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $11.30, but opened at $10.87. Pan Pacific International shares last traded at $11.4525, with a volume of 1,615 shares.

Analysts Set New Price Targets

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

Pan Pacific International Stock Down 0.8%

The stock has a fifty day moving average of $12.38 and a two-hundred day moving average of $12.21. The stock has a market cap of $17.81 billion and a price-to-earnings 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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