NEC (OTCMKTS:NIPNF) Reaches New 12-Month High – What’s Next?

NEC Co. (OTCMKTS:NIPNFGet Free Report) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $39.0450 and last traded at $39.0450, with a volume of 300 shares changing hands. The stock had previously closed at $36.75.

NEC Trading Up 6.2%

The company has a market cap of $10.17 billion, a price-to-earnings ratio of 23.81 and a beta of -0.47. The business has a 50-day moving average price of $33.91 and a 200 day moving average price of $30.25.

About NEC

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NEC Corporation provides information and communication technology solutions in Japan and internationally. It operates through five segments: Public Solutions Business, Public Infrastructure Business, Enterprise Business, Network Services Business, and Global Business. It provides systems integration services, including systems implementation and consulting; maintenance and support services; outsourcing and cloud services; and system equipment.

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