Japan Display (OTCMKTS:JPDYY) Stock Price Down 27.1% – Here’s Why
by Danessa Lincoln · The Markets DailyJapan Display Inc. (OTCMKTS:JPDYY – Get Free Report) shares were down 27.1% on Thursday . The stock traded as low as $2.75 and last traded at $2.75. 250 shares were traded during mid-day trading, a decline of 64% from the average session volume of 686 shares. The stock had previously closed at $3.77.
Japan Display Trading Down 27.1%
The stock’s 50-day moving average is $3.75 and its 200-day moving average is $4.42.
Japan Display Company Profile
Japan Display Inc is a Tokyo-based manufacturer specializing in small- to medium-sized display panels and modules. The company’s portfolio includes liquid crystal display (LCD) and organic light-emitting diode (OLED) technologies tailored for applications in smartphones, tablets, wearable devices, automotive instrument clusters and in-vehicle infotainment systems, as well as industrial and medical equipment.
Established in 2012 through the integration of the display units of Sony Corporation, Toshiba Corporation and Hitachi Ltd., Japan Display was supported at inception by the Innovation Network Corporation of Japan.
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