Secom (OTCMKTS:SOMLY) Stock Price Down 4.8% – Should You Sell?

Secom Co. (OTCMKTS:SOMLY)’s share price dropped 4.8% on Wednesday . The company traded as low as $9.91 and last traded at $9.91. Approximately 631 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 114,490 shares. The stock had previously closed at $10.41.

Secom Trading Up 1.8%

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 firm has a market cap of $16.84 billion, a P/E ratio of 23.66 and a beta of 0.26. The company’s 50 day simple moving average is $10.25 and its 200-day simple moving average is $9.84.

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

Secom Company Profile

Secom Co, Ltd. is a Japan-based security and safety-services company. Founded in 1962 as Nihon Keibi Hosho Co, Ltd., the company pioneered Japan’s electronic security-services industry and adopted the Secom name in 1983. It is headquartered in Tokyo and serves residential, commercial, institutional and public-sector customers.

Secom’s core business provides electronic security systems, monitoring and response services, access control, surveillance and facility-management solutions. The company also offers fire-protection services and security-related equipment, helping customers protect people, buildings, information and other assets.

Beyond its security operations, the Secom group has businesses in medical services, insurance, information and communications, and real estate.