NEC (OTCMKTS:NIPNF) Share Price Passes Below Fifty Day Moving Average – Should You Sell?

NEC Co. (OTCMKTS:NIPNFGet Free Report)’s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $48.30 and traded as low as $24.01. NEC shares last traded at $24.01, with a volume of 280 shares trading hands.

NEC Stock Performance

The business’s 50 day simple moving average is $48.30 and its 200-day simple moving average is $73.12.

NEC Company Profile

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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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