NEC Co. (OTCMKTS:NIPNF – Get Free Report)’s stock price gapped down before the market opened on Monday. The stock had previously closed at $30.90, but opened at $27.4450. NEC shares last traded at $27.4450, with a volume of 129 shares traded.
Analysts Set New Price Targets
Separately, Sanford C. Bernstein started coverage on NEC in a research report on Tuesday, September 15th. They set an “outperform” rating for the company. One research analyst has rated the stock with a Buy rating. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy”.
Check Out Our Latest Stock Report on NEC
NEC Stock Performance
The company has a market capitalization of $7.15 billion, a price-to-earnings ratio of 16.73 and a beta of -0.47. The firm has a 50-day simple moving average of $31.59 and a two-hundred day simple moving average of $28.68.
NEC Company Profile
NEC Corporation is a Japanese technology company that provides information technology and network solutions to businesses, governments and telecommunications providers. Its services include systems integration, cloud computing, cybersecurity and digital transformation support.
The company also develops and supplies social infrastructure, including communications networks, public safety systems, aerospace and defense technologies, and solutions for government and transportation customers.
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