Secom (OTCMKTS:SOMLY) Reaches New 52-Week High – Should You Buy?

Secom Co. (OTCMKTS:SOMLY) shares reached a new 52-week high on Wednesday . The company traded as high as $10.3380 and last traded at $10.3380, with a volume of 414 shares traded. The stock had previously closed at $10.30.

Secom Stock Performance

The company has a market cap of $16.67 billion, a price-to-earnings ratio of 22.90 and a beta of 0.25. The company has a current ratio of 2.42, a quick ratio of 2.27 and a debt-to-equity ratio of 0.02. The stock’s fifty day simple moving average is $9.42 and its 200 day simple moving average is $9.20.

Secom (OTCMKTS:SOMLY) last issued its earnings results on Tuesday, May 12th. The company reported $0.14 earnings per share for the quarter. The business had revenue of $2.21 billion for the quarter. Secom had a return on equity of 7.86% and a net margin of 8.94%.

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.