NEC (OTCMKTS:NIPNF) Shares Gap Up – Here’s Why

NEC Co. (OTCMKTS:NIPNFGet Free Report) shares gapped up before the market opened on Wednesday . The stock had previously closed at $36.75, but opened at $41.00. NEC shares last traded at $41.00, with a volume of 152 shares.

NEC Stock Up 5.0%

The stock has a market capitalization of $10.68 billion, a price-to-earnings ratio of 25.00 and a beta of -0.47. The business’s 50 day simple moving average is $34.06 and its 200-day simple moving average is $30.35.

About NEC

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NEC Corporation provides information and communication technology solutions in Japan and internationally. It operates through five segments: Public Solutions Business, Public Infrastructure Business, Enterprise Business, Network Services Business, and Global Business. It provides systems integration services, including systems implementation and consulting; maintenance and support services; outsourcing and cloud services; and system equipment.

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