Japan Display (OTCMKTS:JPDYY) Stock Price Down 27.1% – Here’s What Happened

Japan Display Inc. (OTCMKTS:JPDYYGet Free Report) shares dropped 27.1% during trading on Thursday . The company traded as low as $2.75 and last traded at $2.75. 250 shares changed hands during mid-day trading, a decline of 64% from the average daily volume of 686 shares. The stock had previously closed at $3.77.

Japan Display Stock Performance

The business has a 50-day moving average price of $3.73 and a two-hundred day moving average price of $4.41.

About Japan Display

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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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