NEC Co. (OTCMKTS:NIPNF – Get Free Report) shares gapped down before the market opened on Monday. The stock had previously closed at $30.90, but opened at $27.4450. NEC shares last traded at $27.4450, with a volume of 129 shares changing hands.
Analyst Ratings Changes
Separately, Sanford C. Bernstein started coverage on NEC in a research report on Tuesday, September 15th. They set an “outperform” rating on the stock. One research analyst has rated the stock with a Buy rating. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.
Get Our Latest Stock Report on NEC
NEC Price Performance
The stock has a market cap of $7.08 billion, a price-to-earnings ratio of 16.57 and a beta of -0.47. The company’s fifty day simple moving average is $31.47 and its two-hundred day simple moving average is $28.59.
NEC Company Profile
NEC Corporation is a Japanese technology company that provides information technology and network solutions to businesses, governments and telecommunications providers. Its services include systems integration, cloud computing, cybersecurity and digital transformation support. The company also develops and supplies social infrastructure, including communications networks, public safety systems, aerospace and defense technologies, and solutions for government and transportation customers. Its offerings include network equipment, software and services that help organizations manage and connect critical systems.
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