NEC Co. (OTCMKTS:NIPNF – Get Free Report)’s stock price gapped up prior to trading on Tuesday. The stock had previously closed at $29.26, but opened at $30.90. NEC shares last traded at $30.90, with a volume of 190 shares.
Wall Street Analysts Forecast Growth
Separately, Sanford C. Bernstein started coverage on NEC in a 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.com, the stock has a consensus rating of “Buy”.
Get Our Latest Report on NIPNF
NEC Trading Down 4.5%
The business’s 50-day moving average price is $31.61 and its 200-day moving average price is $28.71. The stock has a market cap of $7.68 billion, a PE ratio of 17.99 and a beta of -0.47.
About NEC
NEC Corporation is a Japanese technology company that provides information technology, communications, and digital transformation solutions to businesses, governments, and other organizations. The company’s offerings span enterprise software and services, systems integration, cloud computing, cybersecurity, consulting, and data analytics.
NEC also develops communications infrastructure and network technologies, including solutions for telecommunications operators and enterprise customers.
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