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

Secom Co. (OTCMKTS:SOMLY)’s stock price gapped up prior to trading on Wednesday. The stock had previously closed at $10.22, but opened at $10.65. Secom shares last traded at $10.2748, with a volume of 765 shares.

Secom Price Performance

The business’s fifty day moving average price is $10.10 and its 200-day moving average price is $9.93. The company has a market capitalization of $16.49 billion, a P/E ratio of 23.17 and a beta of 0.25. The company has a current ratio of 2.60, a quick ratio of 2.43 and a debt-to-equity ratio of 0.03.

Secom (OTCMKTS:SOMLY) last released its quarterly earnings results on Friday, August 14th. The company reported $0.09 earnings per share for the quarter. The business had revenue of $1.87 billion for the quarter. Secom had a return on equity of 7.66% and a net margin of 8.81%.

Secom Company Profile

Secom Co, Ltd. is a Japanese security and safety services company that provides solutions for homes, businesses and public facilities. Its offerings include electronic security systems, monitoring services, access control, video surveillance, emergency response and security equipment, as well as facility and property management services.

Founded in 1962 as Nippon Keibi Hosho, Secom is recognized as one of Japan’s pioneering private security companies. Over time, it has expanded beyond traditional guarding and alarm services into fire protection, disaster prevention, medical and senior-care services, insurance, information and communication technology, and other safety-related businesses.

Secom serves customers throughout Japan and operates internationally through subsidiaries and affiliated companies in selected markets across Asia and other regions.