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

Secom Co. (OTCMKTS:SOMLY) saw an uptick in trading volume on Thursday . 86,383 shares changed hands during mid-day trading, a decline of 30% from the previous session’s volume of 122,905 shares.The stock last traded at $9.80 and had previously closed at $9.93.

Secom Stock Down 0.6%

The company has a market capitalization of $15.86 billion, a price-to-earnings ratio of 21.79 and a beta of 0.27. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.27 and a current ratio of 2.42. The business’s 50 day moving average is $9.66 and its 200 day moving average is $9.41.

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

Secom Company Profile

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.