Secom (OTCMKTS:SOMLY) Sees Strong Trading Volume – Here’s Why

Secom Co. (OTCMKTS:SOMLY) shares saw unusually-strong trading volume on Monday . Approximately 75,926 shares traded hands during mid-day trading, a decline of 43% from the previous session’s volume of 132,578 shares.The stock last traded at $9.2950 and had previously closed at $9.34.

Secom Price Performance

The stock has a market cap of $17.58 billion, a P/E ratio of 21.91 and a beta of 0.29. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.42 and a quick ratio of 2.27. The company’s 50 day simple moving average is $9.39 and its 200 day simple moving average is $9.04.

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

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.