NEC (OTCMKTS:NIPNF) Sets New 52-Week High – Time to Buy?

Shares of NEC Co. (OTCMKTS:NIPNFGet Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as $37.27 and last traded at $37.27, with a volume of 536 shares changing hands. The stock had previously closed at $36.6750.

NEC Price Performance

The business’s 50 day simple moving average is $32.18 and its 200 day simple moving average is $29.05. The company has a market capitalization of $9.71 billion, a PE ratio of 22.73 and a beta of -0.47.

About NEC

(Get Free Report)

NEC Corporation provides information and communication technology solutions in Japan and internationally. It operates through five segments: Public Solutions Business, Public Infrastructure Business, Enterprise Business, Network Services Business, and Global Business. It provides systems integration services, including systems implementation and consulting; maintenance and support services; outsourcing and cloud services; and system equipment.

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