NEC Co. (OTCMKTS:NIPNF – Get Free Report) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $22.85 and last traded at $24.3750, with a volume of 1018 shares trading hands. The stock had previously closed at $25.3750.
NEC Stock Performance
The stock’s 50 day moving average is $26.49 and its 200 day moving average is $30.40. The company has a market capitalization of $6.35 billion, a PE ratio of 14.86 and a beta of -0.47.
NEC Company Profile
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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