NEC Co. (OTCMKTS:NIPNF – Get Free Report)’s share price traded down 17.9% during trading on Friday . The company traded as low as $26.50 and last traded at $26.50. 160 shares changed hands during trading, a decline of 100% from the average session volume of 41,422 shares. The stock had previously closed at $32.27.
NEC Stock Performance
The company has a market capitalization of $6.89 billion, a PE ratio of 16.13 and a beta of -0.47. The stock’s fifty day simple moving average is $35.33 and its 200-day simple moving average is $33.81.
NEC Company Profile
NEC Corporation, traded as NIPNF on the OTC Markets, is a Tokyo-based multinational technology company founded in 1899 as Nippon Electric Company. Over more than a century of operations, NEC has established itself as a leading provider of information and communications technology (ICT) solutions for both public and private sector clients.
The company’s core business activities span network infrastructure, enterprise IT systems, and software integration. NEC delivers end-to-end solutions in areas such as telecommunications networks, data center platforms, and cybersecurity services.
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