Japan Display (OTCMKTS:JNNDF) Shares Up 140% – Time to Buy?

Shares of Japan Display Inc. (OTCMKTS:JNNDF) traded up 140% on Monday . The company traded as high as $0.38 and last traded at $0.36. 5,200 shares changed hands during mid-day trading, an increase of 3% from the average session volume of 5,050 shares. The stock had previously closed at $0.15.

Japan Display Stock Performance

The firm has a 50 day moving average price of $0.15 and a 200-day moving average price of $0.15.

Japan Display Company Profile

Japan Display Inc is a Tokyo-based manufacturer of small- and medium-sized display panels, established in 2012 through the consolidation of the display businesses of Sony Corporation, Toshiba Corporation and Hitachi, Ltd. The company specializes in the design, development and production of thin-film-transistor liquid-crystal displays (TFT-LCDs) and related driver ICs and modules. Since its formation, Japan Display has focused on leveraging its combined expertise to serve rapidly evolving markets that demand high-resolution, low-power and compact display solutions.

The company’s product portfolio includes a wide range of display technologies for smartphones, tablets, wearable devices, digital cameras and other consumer electronics.