NEC (OTCMKTS:NIPNF) Shares Gap Up – Still a Buy?

NEC Co. (OTCMKTS:NIPNF – Get Free Report) gapped up prior to trading 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 traded.

Analyst Ratings Changes

Separately, Sanford C. Bernstein assumed coverage on NEC in a research report on Tuesday, September 15th. They issued an “outperform” rating for the company. One analyst has rated the stock with a Buy rating. According to data from MarketBeat, the stock has a consensus rating of “Buy”.

Get Our Latest Research Report on NEC

NEC Price Performance

The company has a market cap of $9.28 billion, a P/E ratio of 21.72 and a beta of -0.47. The stock’s 50-day moving average is $31.03 and its two-hundred day moving average is $28.27.

About NEC

(Get Free Report)

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.

Further Reading

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