Secom (OTCMKTS:SOMLY) Shares Gap Down – Should You Sell?

Secom Co. (OTCMKTS:SOMLY) gapped down prior to trading on Wednesday . The stock had previously closed at $9.03, but opened at $8.64. Secom shares last traded at $9.2375, with a volume of 7,206 shares changing hands.

Secom Price Performance

The business has a fifty day moving average of $8.62 and a two-hundred day moving average of $9.01. The firm has a market capitalization of $16.80 billion, a price-to-earnings ratio of 21.43 and a beta of 0.29. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.43 and a current ratio of 2.59.

Secom (OTCMKTS:SOMLY) last released its quarterly earnings data on Tuesday, November 11th. The company reported $0.10 EPS for the quarter. Secom had a net margin of 8.65% and a return on equity of 7.49%. The firm had revenue of $2.07 billion during the quarter.

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.