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NEC (OTCMKTS:NIPNF) Trading Up 8% - Should You Buy?

NEC logo with Computer and Technology background

Key Points

  • The stock of NEC Corporation (OTCMKTS:NIPNF) increased by 8% on Monday, reaching a trading price of $30.50.
  • Trading volume was significantly lower, with approximately 1,080 shares exchanged, marking a 71% decline from its average daily volume of 3,677 shares.
  • NEC operates across five segments providing information and communication technology solutions both in Japan and internationally, including systems integration and cloud services.
  • Five stocks we like better than NEC.

NEC Co. (OTCMKTS:NIPNF - Get Free Report)'s share price shot up 8% during mid-day trading on Monday . The company traded as high as $30.50 and last traded at $30.50. 1,080 shares changed hands during mid-day trading, a decline of 71% from the average session volume of 3,677 shares. The stock had previously closed at $28.25.

NEC Price Performance

The business's fifty day moving average is $29.84 and its 200-day moving average is $34.76.

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.

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

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