NEC Co. (OTCMKTS:NIPNF – Get Free Report) hit a new 52-week low during trading on Tuesday . The company traded as low as $21.65 and last traded at $21.65, with a volume of 33813 shares traded. The stock had previously closed at $25.7530.
NEC Stock Down 15.9%
The stock has a 50 day moving average of $26.47 and a 200 day moving average of $29.56. The firm has a market cap of $5.64 billion, a price-to-earnings ratio of 13.20 and a beta of -0.47.
About NEC
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.
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