Pan Pacific International (OTCMKTS:DQJCY) Stock Jumps 4.1% – Time to Buy?

Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) shares rose 4.1% on Wednesday. The company traded as high as $9.06 and last traded at $8.9150. Approximately 1,515 shares were traded during 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 Down 0.0%

The company has a fifty day simple moving average of $9.80 and a 200-day simple moving average of $10.59.

Institutional Investors Weigh In On Pan Pacific International

A hedge fund 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) by 14.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 215,902 shares of the company’s stock after acquiring 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.

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.