Secom (OTCMKTS:SOMLY) Shares Gap Up – Time to Buy?

Secom Co. (OTCMKTS:SOMLY) gapped up prior to trading on Tuesday . The stock had previously closed at $8.90, but opened at $9.29. Secom shares last traded at $8.85, with a volume of 3,211 shares changing hands.

Secom Stock Performance

The firm has a fifty day moving average of $8.65 and a 200 day moving average of $9.00. The firm has a market capitalization of $16.61 billion, a PE ratio of 21.19 and a beta of 0.28. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.43 and a current ratio of 2.59.

Secom (OTCMKTS:SOMLY) last issued its quarterly earnings data on Tuesday, November 11th. The company reported $0.10 earnings per share (EPS) for the quarter. Secom had a net margin of 8.65% and a return on equity of 7.49%. The company had revenue of $2.07 billion during the quarter.

About Secom

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.