NEC Co. (OTCMKTS:NIPNF – Get Free Report)’s share 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.
Wall Street Analysts Forecast Growth
Separately, Sanford C. Bernstein began coverage on NEC in a report on Tuesday, September 15th. They issued an “outperform” rating on the stock. One analyst has rated the stock with a Buy rating. According to MarketBeat, NEC presently has a consensus rating of “Buy”.
Check Out Our Latest Stock Report on NIPNF
NEC Trading Up 10.2%
The stock has a market cap of $9.28 billion, a P/E ratio of 21.72 and a beta of -0.47. The company’s 50 day moving average price is $31.03 and its two-hundred day moving average price is $28.27.
About NEC
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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