NEC Co. (OTCMKTS:NIPNF – Get Free Report) shares gapped down before the market opened on Friday. The stock had previously closed at $32.2150, but opened at $29.26. NEC shares last traded at $29.26, with a volume of 223 shares.
Wall Street Analysts Forecast Growth
Separately, Sanford C. Bernstein started coverage on shares of NEC in a report on Tuesday, September 15th. They set an “outperform” rating on the stock. One investment analyst has rated the stock with a Buy rating. According to data from MarketBeat.com, the stock presently has an average rating of “Buy”.
Read Our Latest Report on NIPNF
NEC Stock Down 9.2%
The business has a 50-day simple moving average of $31.52 and a two-hundred day simple moving average of $28.86. The company has a market cap of $7.62 billion, a price-to-earnings ratio of 17.84 and a beta of -0.47.
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.
See Also
- Five stocks we like better than NEC
- Starbucks Says Its Turnaround Is Done—The Numbers Make a Strong Case (With 1 Catch)
- 3 Robotics ETFs, 3 Different Ways to Bet on Humanoid Robots
- Can Microsoft Turn a Leaner Workforce and Record AI Spending Into Bigger Profits?
- Why JFrog Could Be the Software Infrastructure Company to Beat in the AI Boom
Receive News & Ratings for NEC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NEC and related companies with MarketBeat.com's FREE daily email newsletter.
