SECOM LTD/ADR (SOMLY) Downgraded by Zacks Investment Research
Zacks Investment Research lowered shares of SECOM LTD/ADR (OTCMKTS:SOMLY) from a buy rating to a hold rating in a report issued on Wednesday.
According to Zacks, “Secom Co. Ltd. is a security company, providing its services to a number of corporate and individual clients. It conducts consistent management from research and development to manufacturing of equipment, installation work, monitoring, and emergency measures by security guards. For individual clients, various sensors are installed in their home to detect intrusions, fires, emergency situations, gas leaks, medical emergencies and other problems, and automatically notify the SECOM control center when they are detected. Products for corporate clients include access-control systems, closed-circuit television (CCTV) systems, automated fire detection and extinguishing systems, and internal and external monitoring systems that can be used alone or connected to on-line security systems. The Company also provides static guard service and armored car services. Secom Co. Ltd. is headquartered in Tokyo, Japan. “
Shares of SOMLY stock opened at $21.05 on Wednesday. The company has a market cap of $18.03 billion, a price-to-earnings ratio of 23.38, a price-to-earnings-growth ratio of 3.70 and a beta of 0.56. The company has a current ratio of 2.37, a quick ratio of 2.10 and a debt-to-equity ratio of 0.03. SECOM LTD/ADR has a 12-month low of $17.22 and a 12-month high of $21.44.
SECOM CO., LTD. provides security services in Japan and internationally. The company offers on-line security; remote imaging security; and building management systems for condominiums and apartments, shops, offices, warehouses, factories, and other commercial and industrial establishments, as well as financial institutions; emergency medical alert system for seniors; large-scale proprietary; and camera systems.
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