Pan Pacific International Holdings Co. (OTCMKTS:DQJCY – Get Free Report)’s share price gapped down prior to trading on Tuesday. The stock had previously closed at $9.21, but opened at $8.76. Pan Pacific International shares last traded at $9.02, with a volume of 2,766 shares traded.
Pan Pacific International Stock Performance
The firm’s 50 day moving average is $10.31 and its 200 day moving average is $10.88.
Hedge Funds Weigh In On Pan Pacific International
An institutional investor recently raised its position in Pan Pacific International stock. Madison Asset Management LLC raised its holdings in shares of Pan Pacific International Holdings Co. (OTCMKTS:DQJCY – Free Report) by 14.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 215,902 shares of the company’s stock after purchasing an additional 27,240 shares during the period. 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
Pan Pacific International Holdings Corp. is a Japan-based retail holding 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 stores designed for extended operating hours and high-volume shopping.
The company also operates other retail formats, including MEGA Don Quijote stores and supermarkets and general merchandise stores under the UNY and Apita brands.
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