SECOM LTD/ADR (OTCMKTS:SOMLY) Downgraded by Zacks Investment Research to Sell

Zacks Investment Research downgraded shares of SECOM LTD/ADR (OTCMKTS:SOMLY) from a hold rating to a sell rating in a research note released on Tuesday, Zacks.com reports.

According to Zacks, “Secom Co. Ltd. is a security company, providing its services to a number of corporate and individual clients. It conducts consistent management from research and development to manufacturing of equipment, installation work, monitoring, and emergency measures by security guards. For individual clients, various sensors are installed in their home to detect intrusions, fires, emergency situations, gas leaks, medical emergencies and other problems, and automatically notify the SECOM control center when they are detected. Products for corporate clients include access-control systems, closed-circuit television (CCTV) systems, automated fire detection and extinguishing systems, and internal and external monitoring systems that can be used alone or connected to on-line security systems. The Company also provides static guard service and armored car services. Secom Co. Ltd. is headquartered in Tokyo, Japan. “

SECOM LTD/ADR stock opened at $20.83 on Tuesday. The stock has a fifty day moving average of $20.39 and a two-hundred day moving average of $20.95. The company has a market capitalization of $18.12 billion, a price-to-earnings ratio of 21.70, a PEG ratio of 3.14 and a beta of 0.36. SECOM LTD/ADR has a fifty-two week low of $18.87 and a fifty-two week high of $22.39.

SECOM LTD/ADR (OTCMKTS:SOMLY) last released its quarterly earnings results on Tuesday, May 14th. The company reported $0.23 earnings per share for the quarter. The company had revenue of $2.54 billion during the quarter, compared to the consensus estimate of $2.62 billion. SECOM LTD/ADR had a return on equity of 8.96% and a net margin of 8.52%. Research analysts anticipate that SECOM LTD/ADR will post 0.93 earnings per share for the current fiscal year.

SECOM LTD/ADR Company Profile

SECOM CO., LTD. provides security services in Japan and internationally. The company provides online security; remote imaging security; and building management systems for condominiums and apartments, shops, offices, warehouses, factories, and other commercial and industrial establishments, as well as financial institutions; emergency medical alert system for seniors; large-scale proprietary; and camera systems.

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