Japan Display (OTCMKTS:JPDYY) Shares Up 369% – What’s Next?

Japan Display Inc. (OTCMKTS:JPDYYGet Free Report)’s share price rose 369% during mid-day trading on Wednesday . The stock traded as high as $5.79 and last traded at $5.71. Approximately 901 shares changed hands during trading, an increase of 29% from the average daily volume of 700 shares. The stock had previously closed at $1.2175.

Japan Display Stock Performance

The stock’s 50-day moving average is $1.60 and its two-hundred day moving average is $1.42.

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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