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NEC (OTCMKTS:NIPNF) Stock Price Passes Above Fifty Day Moving Average - Should You Sell?

NEC logo with Computer and Technology background

Key Points

  • NEC Co. stock has recently crossed above its fifty-day moving average of $27.29, reaching a high of $27.85 during trading.
  • The company operates through five segments, providing information and communication technology solutions both in Japan and internationally.
  • NEC’s two-hundred day simple moving average is significantly higher at $50.63, suggesting potential volatility ahead.
  • Want stock alerts on NEC? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Shares of NEC Co. (OTCMKTS:NIPNF - Get Free Report) passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $27.29 and traded as high as $27.85. NEC shares last traded at $27.85, with a volume of 1,872 shares trading hands.

NEC Stock Down 2.4%

The firm has a 50 day simple moving average of $27.43 and a two-hundred day simple moving average of $50.33.

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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