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

by · The Markets Daily

Secom Co. (OTCMKTS:SOMLY – Get Free Report)’s stock price gapped up before the market opened on Thursday . The stock had previously closed at $8.89, but opened at $9.33. Secom shares last traded at $8.95, with a volume of 10,629 shares.

Secom Trading Up 0.7%

The business’s fifty day moving average is $8.70 and its 200-day moving average is $8.99. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.43 and a current ratio of 2.59. The firm has a market cap of $16.71 billion, a P/E ratio of 21.32 and a beta of 0.30.

Secom (OTCMKTS:SOMLY – Get Free Report) last posted its earnings results on Tuesday, November 11th. The company reported $0.10 earnings per share for the quarter. Secom had a net margin of 8.65% and a return on equity of 7.49%. The firm had revenue of $2.07 billion for the quarter.

Secom Company Profile

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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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