Secom Co. (OTCMKTS:SOMLY) Sees Significant Increase in Short Interest

Secom Co. (OTCMKTS:SOMLY) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 255,996 shares, a growth of 233.2% from the August 31st total of 76,830 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 312,878 shares, the short-interest ratio is currently 0.8 days.

Secom Stock Performance

SOMLY opened at $10.18 on Friday. The company has a market cap of $16.47 billion, a price-to-earnings ratio of 23.14 and a beta of 0.26. Secom has a 52-week low of $8.06 and a 52-week high of $11.02. The company has a quick ratio of 2.27, a current ratio of 2.60 and a debt-to-equity ratio of 0.03. The firm’s fifty day simple moving average is $10.24 and its two-hundred day simple moving average is $9.87.

Secom (OTCMKTS:SOMLY) last issued its earnings results on Friday, August 14th. The company reported $0.09 EPS for the quarter. Secom had a return on equity of 7.66% 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.