Secom Co. (OTCMKTS:SOMLY) Sees Large Decrease in Short Interest

Secom Co. (OTCMKTS:SOMLY) saw a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 23,470 shares, a decrease of 90.8% from the September 15th total of 255,996 shares. Based on an average trading volume of 168,519 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Secom Stock Up 0.1%

Secom stock traded up $0.01 during midday trading on Friday, hitting $10.06. 45,818 shares of the stock were exchanged, compared to its average volume of 112,041. The stock has a market capitalization of $16.28 billion, a price-to-earnings ratio of 22.86 and a beta of 0.25. The company has a quick ratio of 2.43, a current ratio of 2.60 and a debt-to-equity ratio of 0.03. The business’s 50-day moving average price is $10.13 and its 200-day moving average price is $9.91. Secom has a 52-week low of $8.06 and a 52-week high of $11.02.

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

About Secom

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.