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NEC (OTCMKTS:NIPNF) Reaches New 12-Month High - Still a Buy?

NEC logo with Computer and Technology background

Key Points

  • NEC Co. (OTCMKTS:NIPNF) shares reached a new 52-week high of $33.41 during trading, marking a significant increase from the previous close of $31.52.
  • The company's stock has a 50-day moving average of $28.92 and a 200-day moving average of $43.63, indicating its price performance trends.
  • NEC Corporation offers information and communication technology solutions across various business segments, including public solutions and enterprise services.
  • Five stocks to consider instead of NEC.

NEC Co. (OTCMKTS:NIPNF - Get Free Report) reached a new 52-week high on Monday . The company traded as high as $33.41 and last traded at $33.41, with a volume of 100 shares changing hands. The stock had previously closed at $31.52.

NEC Stock Performance

The stock has a fifty day simple moving average of $29.28 and a two-hundred day simple moving average of $42.04.

About NEC

(Get Free Report)

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.

Further Reading

Should You Invest $1,000 in NEC Right Now?

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While NEC currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

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