Shares of NEC Co. (OTCMKTS:NIPNF – Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $33.8650, but opened at $30.53. NEC shares last traded at $30.53, with a volume of 65,212 shares trading hands.
NEC Trading Down 9.8%
The firm has a market cap of $7.95 billion, a P/E ratio of 18.62 and a beta of -0.47. The business’s 50-day moving average is $36.58 and its two-hundred day moving average is $33.74.
NEC Company Profile
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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