Secom (OTCMKTS:SOMLY) Shares Gap Up – Time to Buy?

Secom Co. (OTCMKTS:SOMLY) shares gapped up before the market opened on Monday . The stock had previously closed at $10.00, but opened at $10.56. Secom shares last traded at $10.14, with a volume of 1,772 shares changing hands.

Secom Stock Performance

The stock has a 50-day moving average of $10.20 and a 200 day moving average of $9.80. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.42 and a quick ratio of 2.27. The stock has a market capitalization of $16.41 billion, a price-to-earnings ratio of 23.05 and a beta of 0.27.

Secom (OTCMKTS:SOMLY) last posted its quarterly earnings results on Friday, August 14th. The company reported $0.09 earnings per share for the quarter. Secom had a net margin of 8.81% and a return on equity of 7.61%. The business had revenue of $1.87 billion during the quarter.

Secom Company Profile

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.