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

Key Points

• Pre-market gap up: Shares opened at $12.42 after a $11.88 close and last traded at $11.9025 on a volume of 6,699 shares.
• Analyst view: Zacks Research recently raised the stock to a "Hold" (MarketBeat's average rating is "Hold" based on one analyst).
• Valuation and technicals: Market cap is about $18.87 billion with a P/E of 0.01, and the stock is trading below its 50-day ($12.60) and 200-day ($13.02) simple moving averages.

Pan Pacific International Holdings Co. (OTCMKTS:DQJCY - Get Free Report)'s share price gapped up before the market opened on Monday . The stock had previously closed at $11.88, but opened at $12.42. Pan Pacific International shares last traded at $11.9025, with a volume of 6,699 shares.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of Pan Pacific International to a "hold" rating in a research note on Wednesday, April 8th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Pan Pacific International has an average rating of "Hold".

Pan Pacific International Price Performance

The stock has a market capitalization of $18.87 billion and a P/E ratio of 0.01. The company's 50 day simple moving average is $12.60 and its two-hundred day simple moving average is $13.02.

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.

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