Shares of NEC Co. (OTCMKTS:NIPNF – Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $33.67, but opened at $34.76. NEC shares last traded at $34.76, with a volume of 1,680 shares changing hands.
NEC Stock Performance
The business has a 50-day simple moving average of $36.14 and a two-hundred day simple moving average of $32.01. The company has a market capitalization of $9.05 billion, a price-to-earnings ratio of 21.20 and a beta of -0.47.
About NEC
NEC Corporation, traded as NIPNF on the OTC Markets, is a Tokyo-based multinational technology company founded in 1899 as Nippon Electric Company. Over more than a century of operations, NEC has established itself as a leading provider of information and communications technology (ICT) solutions for both public and private sector clients.
The company’s core business activities span network infrastructure, enterprise IT systems, and software integration. NEC delivers end-to-end solutions in areas such as telecommunications networks, data center platforms, and cybersecurity services.
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