NEC (OTCMKTS:NIPNF) Sees Unusually-High Trading Volume – Here’s What Happened

NEC Co. (OTCMKTS:NIPNFGet Free Report) saw an uptick in trading volume on Thursday . 118,600 shares changed hands during mid-day trading, an increase of 211% from the previous session’s volume of 38,144 shares.The stock last traded at $35.99 and had previously closed at $38.00.

NEC Price Performance

The firm has a market cap of $9.37 billion, a P/E ratio of 21.95 and a beta of -0.47. The firm’s 50 day moving average is $36.71 and its 200 day moving average is $33.17.

About NEC

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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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