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NEC (OTCMKTS:NIPNF) Share Price Passes Above 50-Day Moving Average - What's Next?

NEC logo with Computer and Technology background

Key Points

  • NEC Co. shares have recently crossed above their 50-day moving average of $28.84, reaching a high of $31.00 before last trading at $29.00.
  • The company operates primarily in information and communication technology, providing various services through its five business segments.
  • Despite the recent increase in share price, NEC's shares have seen a 4.1% decline during trading hours.
  • Looking to export and analyze NEC data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Shares of NEC Co. (OTCMKTS:NIPNF - Get Free Report) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $28.84 and traded as high as $31.00. NEC shares last traded at $29.00, with a volume of 300 shares trading hands.

NEC Stock Performance

The stock has a 50-day moving average price of $29.16 and a two-hundred day moving average price of $43.00.

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.

Further Reading

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