NEC Co. (OTCMKTS:NIPNF – Get Free Report)’s share price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $28.42 and traded as low as $26.0350. NEC shares last traded at $26.89, with a volume of 22,370 shares changing hands.
NEC Price Performance
The stock’s 50-day simple moving average is $25.89 and its 200 day simple moving average is $28.36. The stock has a market capitalization of $6.87 billion, a P/E ratio of 16.09 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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