NEC Co. (OTCMKTS:NIPNF – Get Free Report)’s stock price gapped up before the market opened on Wednesday. The stock had previously closed at $32.53, but opened at $35.6175. NEC shares last traded at $35.6175, with a volume of 330 shares changing hands.
Analyst Ratings Changes
Separately, Sanford C. Bernstein assumed coverage on shares of NEC in a research note on Tuesday, September 15th. They set an “outperform” rating on the stock. One analyst has rated the stock with a Buy rating. According to data from MarketBeat, the company presently has an average rating of “Buy”.
Check Out Our Latest Report on NEC
NEC Stock Performance
The firm has a market capitalization of $9.28 billion, a P/E ratio of 21.72 and a beta of -0.47. The business has a fifty day moving average of $31.22 and a 200-day moving average of $28.44.
NEC Company Profile
NEC Corporation is a Japanese technology company that provides information technology, communications, and digital transformation solutions to businesses, governments, and other organizations. The company’s offerings span enterprise software and services, systems integration, cloud computing, cybersecurity, consulting, and data analytics.
NEC also develops communications infrastructure and network technologies, including solutions for telecommunications operators and enterprise customers.
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