NEC (OTCMKTS:NIPNF) Shares Gap Down – Time to Sell?

Shares of NEC Co. (OTCMKTS:NIPNF) gapped down prior to trading on Thursday . The stock had previously closed at $38.20, but opened at $36.1950. NEC shares last traded at $36.1950, with a volume of 500 shares changing hands.

NEC Stock Performance

The company has a market cap of $10.05 billion, a P/E ratio of 23.52 and a beta of -0.47. The stock’s fifty day moving average price is $36.60 and its two-hundred day moving average price is $32.60.

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.