NEC (OTCMKTS:NIPNF) Shares Down 4.2% – Should You Sell?
by Mitch Edgeman · The Markets DailyNEC Co. (OTCMKTS:NIPNF – Get Free Report)’s stock price fell 4.2% on Monday . The company traded as low as $34.00 and last traded at $34.00. 100 shares were traded during mid-day trading, a decline of 99% from the average session volume of 10,665 shares. The stock had previously closed at $35.4750.
NEC Price Performance
The stock has a market capitalization of $9.05 billion, a PE ratio of 21.20 and a beta of -0.47. The company has a 50-day moving average of $36.09 and a two-hundred day moving average of $31.99.
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.