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

Secom Co. (OTCMKTS:SOMLY) shares gapped up before the market opened on Friday . The stock had previously closed at $9.14, but opened at $9.79. Secom shares last traded at $9.4050, with a volume of 6,400 shares trading hands.

Secom Price Performance

The firm has a market cap of $17.57 billion, a PE ratio of 21.89 and a beta of 0.29. The firm’s fifty day simple moving average is $9.38 and its two-hundred day simple moving average is $9.05. The company has a quick ratio of 2.43, a current ratio of 2.42 and a debt-to-equity ratio of 0.02.

Secom (OTCMKTS:SOMLY) last announced its quarterly earnings data on Friday, February 13th. The company reported $0.12 EPS for the quarter. Secom had a net margin of 8.60% and a return on equity of 7.50%. The firm had revenue of $2.05 billion for 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.