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

Secom Co. (OTCMKTS:SOMLY)’s stock price gapped up before the market opened on Thursday . The stock had previously closed at $9.89, but opened at $10.85. Secom shares last traded at $9.75, with a volume of 480 shares trading hands.

Secom Stock Performance

The company has a quick ratio of 2.27, a current ratio of 2.42 and a debt-to-equity ratio of 0.02. The company has a market capitalization of $16.28 billion, a PE ratio of 22.86 and a beta of 0.27. The business has a 50 day simple moving average of $10.19 and a 200 day simple moving average of $9.77.

Secom (OTCMKTS:SOMLY) last issued its quarterly earnings results on Friday, August 14th. The company reported $0.09 earnings per share for the quarter. Secom had a return on equity of 7.61% and a net margin of 8.81%.The business had revenue of $1.87 billion for the quarter.

Secom Company Profile

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.