Short Interest in Secom Co. (OTCMKTS:SOMLY) Expands By 103.2%

Secom Co. (OTCMKTS:SOMLY) was the recipient of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 246,824 shares, a growth of 103.2% from the May 31st total of 121,449 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 211,210 shares, the days-to-cover ratio is presently 1.2 days.

Secom Trading Down 0.3%

Shares of SOMLY opened at $9.89 on Wednesday. The stock has a market capitalization of $16.00 billion, a PE ratio of 21.98 and a beta of 0.27. The company’s fifty day moving average is $9.69 and its 200 day moving average is $9.44. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.27 and a current ratio of 2.42. Secom has a fifty-two week low of $8.06 and a fifty-two week high of $10.34.

Secom (OTCMKTS:SOMLY) last issued its quarterly earnings data on Tuesday, May 12th. The company reported $0.14 EPS for the quarter. The business had revenue of $2.21 billion during the quarter. Secom had a net margin of 8.94% and a return on equity of 7.81%.

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.