Secom (OTCMKTS:SOMLY) Shares Gap Down – Time to Sell?

Secom Co. (OTCMKTS:SOMLY) gapped down before the market opened on Friday. The stock had previously closed at $10.50, but opened at $10.09. Secom shares last traded at $10.54, with a volume of 830 shares.

Secom Stock Performance

The firm’s 50 day simple moving average is $10.10 and its 200-day simple moving average is $9.94. The company has a market capitalization of $17.17 billion, a price-to-earnings ratio of 24.12 and a beta of 0.25. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.43 and a current ratio of 2.60.

Secom (OTCMKTS:SOMLY) last issued its earnings results on Friday, August 14th. The company reported $0.09 EPS for the quarter. The business had revenue of $1.87 billion during the quarter. Secom had a return on equity of 7.66% and a net margin of 8.81%.

About Secom

Secom Co, Ltd. is a Japanese security and safety services company that provides solutions for homes, businesses and public facilities. Its offerings include electronic security systems, monitoring services, access control, video surveillance, emergency response and security equipment, as well as facility and property management services.

Founded in 1962 as Nippon Keibi Hosho, Secom is recognized as one of Japan’s pioneering private security companies. Over time, it has expanded beyond traditional guarding and alarm services into fire protection, disaster prevention, medical and senior-care services, insurance, information and communication technology, and other safety-related businesses.

Secom serves customers throughout Japan and operates internationally through subsidiaries and affiliated companies in selected markets across Asia and other regions.