Shares of Japan Display Inc. (OTCMKTS:JPDYY – Get Free Report) were down 27.1% during trading on Tuesday. The stock traded as low as $2.75 and last traded at $2.75. 3,530 shares were traded during trading, an increase of 441% from the average session volume of 653 shares. The stock had previously closed at $3.77.
Japan Display Trading Down 27.1%
The business has a 50-day moving average price of $3.18 and a 200-day moving average price of $4.12.
About Japan Display
Japan Display Inc (JDI) is a Japan-based manufacturer of display panels and related technologies. The company develops and produces displays for applications including automobiles, smartphones, wearable devices, medical equipment, industrial systems and other electronic products.
JDI has traditionally been known for its high-resolution, low-temperature polycrystalline silicon (LTPS) liquid crystal displays, along with other advanced display technologies. The company has also pursued next-generation products, including OLED displays and its eLEAP technology, which is designed to improve the brightness, efficiency and design flexibility of OLED panels.
The company was established in 2012 through the integration of the display businesses of Sony, Toshiba and Hitachi, with support from Japan’s Innovation Network Corporation of Japan.
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