NEC (OTCMKTS:NIPNF) Stock Price Up 9.3% – Here’s What Happened

NEC Co. (OTCMKTS:NIPNFGet Free Report)’s share price traded up 9.3% during mid-day trading on Monday . The company traded as high as $28.54 and last traded at $28.54. 591 shares were traded during trading, a decline of 98% from the average daily volume of 24,513 shares. The stock had previously closed at $26.10.

NEC Stock Up 9.3%

The stock has a market capitalization of $7.43 billion, a PE ratio of 17.40 and a beta of -0.47. The firm’s fifty day moving average is $26.17 and its 200-day moving average is $28.76.

NEC Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for NEC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NEC and related companies with MarketBeat.com's FREE daily email newsletter.