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

Secom Co. (OTCMKTS:SOMLY) gapped up prior to trading on Thursday . The stock had previously closed at $9.03, but opened at $9.67. Secom shares last traded at $9.67, with a volume of 1,307 shares changing hands.

Secom Price Performance

The stock has a market capitalization of $15.69 billion, a price-to-earnings ratio of 21.56 and a beta of 0.25. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.27 and a current ratio of 2.42. The company has a fifty day simple moving average of $9.31 and a two-hundred day simple moving average of $9.11.

Secom (OTCMKTS:SOMLY) last posted its quarterly earnings results on Tuesday, May 12th. The company reported $0.14 EPS for the quarter. Secom had a return on equity of 7.86% and a net margin of 8.94%.The company had revenue of $2.21 billion during the quarter.

About Secom

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.