NEC (OTCMKTS:NIPNF) Shares Gap Down – Time to Sell?

Shares of NEC Co. (OTCMKTS:NIPNFGet Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $37.57, but opened at $35.60. NEC shares last traded at $35.60, with a volume of 636 shares trading hands.

NEC Price Performance

The company has a fifty day moving average price of $35.66 and a 200 day moving average price of $31.40. The company has a market capitalization of $9.27 billion, a P/E ratio of 21.71 and a beta of -0.47.

About NEC

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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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