Secom (OTCMKTS:SOMLY) Shares Gap Up – Still a Buy?

Secom Co. (OTCMKTS:SOMLYGet Free Report) gapped up prior to trading on Friday . The stock had previously closed at $10.1170, but opened at $10.58. Secom shares last traded at $10.49, with a volume of 21,885 shares trading hands.

Secom Price Performance

The company’s 50-day simple moving average is $10.06 and its 200 day simple moving average is $9.60. The company has a market capitalization of $16.81 billion, a P/E ratio of 23.09 and a beta of 0.27. The company has a quick ratio of 2.27, a current ratio of 2.42 and a debt-to-equity ratio of 0.02.

Secom (OTCMKTS:SOMLYGet Free Report) last released its quarterly earnings results on Tuesday, May 12th. The company reported $0.14 earnings per share for the quarter. The business had revenue of $2.21 billion for the quarter. Secom had a net margin of 8.94% and a return on equity of 7.81%.

About Secom

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Secom Co, Ltd. is a leading provider of security and safety solutions based in Tokyo, Japan. The company’s core business centers on integrated security services, including electronic alarm systems, 24-hour monitoring, on-site guard services and emergency response. Secom also develops and installs access control systems, video surveillance equipment and intruder detection technologies designed for residential, commercial and government clients.

Founded in 1962, Secom introduced Japan’s first automated security alarm service and has since expanded its offerings to encompass a broad range of safety-related products.

Further Reading

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