NEC (OTCMKTS:NIPNF) Shares Gap Up - Should You Buy?

Key Points

• NEC Co. shares experienced a significant gap up, opening at $33.17 after a previous close of $28.75.
• The stock is currently down 1.7%, with a fifty-day simple moving average of $29.45 and a two-hundred-day moving average of $38.18.
• NEC Corporation provides diverse information and communication technology solutions across five business segments, serving both local and international markets.

NEC Co. (OTCMKTS:NIPNF - Get Free Report)'s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $28.75, but opened at $33.17. NEC shares last traded at $33.17, with a volume of 250 shares trading hands.

NEC Stock Performance

The stock's 50-day moving average is $29.48 and its 200 day moving average is $36.25.

About NEC

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.