NEC Co. (OTCMKTS:NIPNF – Get Free Report)’s stock price traded down 17.9% during mid-day trading on Friday . The company traded as low as $26.50 and last traded at $26.50. 160 shares traded hands during trading, a decline of 100% from the average session volume of 41,422 shares. The stock had previously closed at $32.27.
NEC Price Performance
The stock has a market capitalization of $6.89 billion, a price-to-earnings ratio of 16.13 and a beta of -0.47. The business’s 50-day simple moving average is $35.33 and its two-hundred day simple moving average is $33.81.
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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