Pan Pacific International (OTCMKTS:DQJCY) Stock Price Up 4.1% – Here’s Why

Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) traded up 4.1% during mid-day trading on Wednesday. The company traded as high as $9.06 and last traded at $8.9150. 1,515 shares were traded during mid-day trading, a decline of 100% from the average session volume of 358,536 shares. The stock had previously closed at $8.56.

Pan Pacific International Stock Up 2.8%

The stock has a 50 day simple moving average of $9.71 and a 200 day simple moving average of $10.55.

Institutional Trading of Pan Pacific International

An institutional investor recently raised its stake in Pan Pacific International stock. Madison Asset Management LLC raised its position in shares of Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) by 14.4% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm 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.

Pan Pacific International Company Profile

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.