Secom (OTCMKTS:SOMLY) Sees Large Volume Increase – Still a Buy?

Shares of Secom Co. (OTCMKTS:SOMLY) saw unusually-strong trading volume on Monday . Approximately 91,921 shares traded hands during mid-day trading, a decline of 6% from the previous session’s volume of 98,057 shares.The stock last traded at $8.91 and had previously closed at $8.95.

Secom Trading Down 0.2%

The company has a debt-to-equity ratio of 0.02, a current ratio of 2.59 and a quick ratio of 2.43. The firm’s 50 day moving average price is $8.64 and its 200 day moving average price is $9.01. The stock has a market capitalization of $16.66 billion, a P/E ratio of 21.25 and a beta of 0.28.

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