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NEC (OTCMKTS:NIPNF) Shares Gap Down - Should You Sell?

NEC logo with Computer and Technology background

Key Points

  • NEC shares gapped down from a previous close of $32.81 to open at $31.64, reflecting a decline of 3.6%.
  • The stock's 50-day moving average price is $28.26, significantly lower than its 200-day moving average price of $47.75.
  • NEC Corporation operates in information and communication technology, with services spanning systems integration, maintenance, outsourcing, and cloud services.
  • Want stock alerts on NEC? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

NEC Co. (OTCMKTS:NIPNF - Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $32.81, but opened at $31.64. NEC shares last traded at $31.64, with a volume of 301 shares changing hands.

NEC Price Performance

The stock's fifty day moving average price is $28.64 and its 200-day moving average price is $46.52.

NEC Company Profile

(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.

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