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

Secom Co. (OTCMKTS:SOMLY) shares saw an uptick in trading volume on Monday . 75,926 shares traded hands during trading, a decline of 43% from the previous session’s volume of 132,578 shares.The stock last traded at $9.2950 and had previously closed at $9.34.

Secom Price Performance

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 company has a market capitalization of $17.81 billion, a PE ratio of 22.19 and a beta of 0.29. The company’s 50-day simple moving average is $9.41 and its 200-day simple moving average is $9.05.

Secom (OTCMKTS:SOMLY) last announced its earnings results on Friday, February 13th. The company reported $0.12 earnings per share for the quarter. Secom had a net margin of 8.60% and a return on equity of 7.50%. The business had revenue of $2.05 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.