Pan Pacific International Holdings Co. (OTCMKTS:DQJCY – Get Free Report) shares gapped down prior to trading on Wednesday. The stock had previously closed at $8.73, but opened at $8.25. Pan Pacific International shares last traded at $8.4660, with a volume of 76 shares traded.
Pan Pacific International Stock Performance
The stock has a 50-day moving average of $9.95 and a two-hundred day moving average of $10.67.
Hedge Funds Weigh In On Pan Pacific International
An institutional investor recently raised its position in Pan Pacific International stock. Madison Asset Management LLC boosted its position in shares of Pan Pacific International Holdings Co. (OTCMKTS:DQJCY – Free Report) by 14.4% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund 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 reporting period.
About Pan Pacific International
Pan Pacific International Holdings Corporation is a Japan-based retail group best known for operating the Don Quijote chain of discount stores. Its businesses offer a broad range of products, including groceries, household goods, consumer electronics, clothing, cosmetics, sporting goods and other general merchandise. The company also operates larger-format MEGA Don Quijote stores and maintains retail operations under the UNY and Apita brands.
The company traces its origins to the establishment of Just Co, Ltd.
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