Secom (OTCMKTS:SOMLY) Shares Gap Up – Here’s Why

Secom Co. (OTCMKTS:SOMLYGet Free Report)’s share price gapped up before the market opened 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 Stock Performance

The stock has a market capitalization of $15.61 billion, a PE ratio of 21.44 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 firm’s 50 day moving average is $9.30 and its two-hundred day moving average is $9.10.

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

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.

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