Pan Pacific International (OTCMKTS:DQJCY) Stock Price Crosses Above 50-Day Moving Average – Should You Sell?

Pan Pacific International Holdings Co. (OTCMKTS:DQJCY – Get Free Report)’s stock price passed above its fifty day moving average during trading on Friday. The stock has a fifty day moving average of $9.30 and traded as high as $9.4970. Pan Pacific International shares last traded at $9.3240, with a volume of 142,419 shares trading hands.

Pan Pacific International Price Performance

The firm’s 50-day moving average is $9.30 and its 200 day moving average is $10.98.

Institutional Trading of Pan Pacific International

An institutional investor recently raised its position in Pan Pacific International stock. Madison Asset Management LLC boosted its holdings in Pan Pacific International Holdings Co. (OTCMKTS:DQJCY – Free Report) by 14.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 215,902 shares of the company’s stock after purchasing an additional 27,240 shares during the quarter. Madison Asset Management LLC’s holdings in Pan Pacific International were worth $2,191,000 at the end of the most recent quarter.

About Pan Pacific International

(Get Free Report)

Pan Pacific International Holdings Corporation is a Japan-based retail company best known for operating the Don Quijote chain of discount stores. Its stores offer a broad assortment of groceries, household goods, consumer electronics, apparel, cosmetics, toys and other general merchandise, often through a high-volume, value-oriented retail format.

The company also operates UNY general merchandise stores and specialty retail formats, including the DON DON DONKI brand focused on Japanese products and food.

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