Pan Pacific International (OTCMKTS:DQJCY) Sets New 1-Year Low – Here’s What Happened

Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) shares hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $9.11 and last traded at $9.21, with a volume of 467006 shares trading hands. The stock had previously closed at $9.70.

Pan Pacific International Stock Performance

The business has a 50 day moving average of $10.67 and a 200-day moving average of $11.22.

Institutional Investors Weigh In On Pan Pacific International

An institutional investor recently raised its position in Pan Pacific International stock. Madison Asset Management LLC increased its stake in shares of Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) by 14.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 215,902 shares of the company’s stock after acquiring an additional 27,240 shares during the period. Madison Asset Management LLC’s holdings in Pan Pacific International were worth $2,191,000 as of its most recent SEC filing.

Pan Pacific International Company Profile

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.