Secom (OTCMKTS:SOMLY) Shares Gap Down – Here’s What Happened

Secom Co. (OTCMKTS:SOMLYGet Free Report) shares gapped down before the market opened on Thursday . The stock had previously closed at $10.05, but opened at $9.66. Secom shares last traded at $9.66, with a volume of 25,824 shares changing hands.

Secom Price Performance

The firm has a market cap of $15.77 billion, a PE ratio of 22.16 and a beta of 0.27. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.42 and a quick ratio of 2.27. The business’s fifty day moving average is $10.19 and its 200-day moving average is $9.79.

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