NEC Co. (OTCMKTS:NIPNF – Get Free Report) gapped up before the market opened on Wednesday. The stock had previously closed at $30.88, but opened at $31.6034. NEC shares last traded at $31.6034, with a volume of 378 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, Sanford C. Bernstein began coverage on shares of NEC in a report on Tuesday, September 15th. They set an “outperform” rating for the company. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has an average rating of “Buy”.
Read Our Latest Analysis on NEC
NEC Stock Up 1.6%
About NEC
NEC Corporation, formerly known as Nippon Electric Company, is a Japanese information technology and telecommunications company founded in 1899. The company develops and provides technology products, systems and services for businesses, governments and telecommunications providers.
NEC’s activities include information technology services, enterprise software, cloud and digital transformation solutions, telecommunications networks, cybersecurity, biometric identification, data analytics and artificial intelligence.
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