Japan Display (OTCMKTS:JPDYY) Shares Down 7.9% – Here’s What Happened

Shares of Japan Display Inc. (OTCMKTS:JPDYY) traded down 7.9% on Tuesday . The stock traded as low as $6.51 and last traded at $6.51. 100 shares changed hands during mid-day trading, a decline of 93% from the average session volume of 1,460 shares. The stock had previously closed at $7.07.

Japan Display Stock Performance

The company’s 50 day simple moving average is $4.76 and its 200-day simple moving average is $2.57.

About Japan Display

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.