Secom Co. (OTCMKTS:SOMLY) Sees Large Growth in Short Interest

Secom Co. (OTCMKTS:SOMLY) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 246,824 shares, a growth of 103.2% from the May 31st total of 121,449 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 211,210 shares, the short-interest ratio is presently 1.2 days.

Secom Stock Performance

SOMLY traded up $0.02 on Tuesday, reaching $9.94. The company had a trading volume of 56,181 shares, compared to its average volume of 123,200. The stock has a market cap of $16.08 billion, a P/E ratio of 22.08 and a beta of 0.27. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.27 and a current ratio of 2.42. Secom has a fifty-two week low of $8.06 and a fifty-two week high of $10.34. The company’s fifty day moving average is $9.68 and its 200 day moving average is $9.44.

Secom (OTCMKTS:SOMLY) last issued its quarterly earnings data on Tuesday, May 12th. The company reported $0.14 earnings per share (EPS) for the quarter. Secom had a return on equity of 7.81% 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.