Secom (OTCMKTS:SOMLY) Stock Price Up 4% – Time to Buy?

Shares of Secom Co. (OTCMKTS:SOMLY) shot up 4% during trading on Friday. The stock traded as high as $10.50 and last traded at $10.50. Approximately 520 shares were traded during mid-day trading, a decline of 100% from the average session volume of 113,252 shares. The stock had previously closed at $10.10.

Secom Trading Up 0.7%

The company’s fifty day moving average is $10.25 and its two-hundred day moving average is $9.87. 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 stock has a market cap of $16.28 billion, a price-to-earnings ratio of 22.88 and a beta of 0.26.

Secom (OTCMKTS:SOMLY) last posted its earnings results on Friday, August 14th. The company reported $0.09 EPS for the quarter. Secom had a net margin of 8.81% and a return on equity of 7.66%. 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.