Shares of NEC Co. (OTCMKTS:NIPNF – Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $32.85, but opened at $29.80. NEC shares last traded at $29.80, with a volume of 103 shares changing hands.
NEC Stock Down 9.3%
The company has a market capitalization of $7.76 billion, a P/E ratio of 18.17 and a beta of -0.47. The company has a 50 day simple moving average of $29.58 and a two-hundred day simple moving average of $27.26.
NEC Company Profile
NEC Corporation is a Japan-based technology company that provides information technology, communications, and network solutions to governments, businesses, and other organizations. Its offerings include systems integration, cloud and digital services, cybersecurity, data analytics, software, and information and communications technology infrastructure.
The company also develops telecommunications equipment and services, including network platforms, wireless systems, optical and submarine communications networks, and technologies supporting 5G and other advanced communications applications.
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