Secom (OTCMKTS:SOMLY) Shares Gap Down – What’s Next?

Secom Co. (OTCMKTS:SOMLY)’s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $10.41, but opened at $9.89. Secom shares last traded at $10.4355, with a volume of 427,190 shares.

Secom Price Performance

The company has a current ratio of 2.42, a quick ratio of 2.27 and a debt-to-equity ratio of 0.02. The firm’s 50-day moving average price is $10.25 and its 200-day moving average price is $9.83. The stock has a market capitalization of $16.59 billion, a PE ratio of 23.31 and a beta of 0.26.

Secom (OTCMKTS:SOMLY) last released its earnings results on Friday, August 14th. The company reported $0.09 earnings per share (EPS) for the quarter. Secom had a net margin of 8.81% and a return on equity of 7.61%. The firm had revenue of $1.87 billion during the quarter.

About Secom

Secom Co, Ltd. is a Japan-based security and safety-services company. Founded in 1962 as Nihon Keibi Hosho Co, Ltd., the company pioneered Japan’s electronic security-services industry and adopted the Secom name in 1983. It is headquartered in Tokyo and serves residential, commercial, institutional and public-sector customers.

Secom’s core business provides electronic security systems, monitoring and response services, access control, surveillance and facility-management solutions. The company also offers fire-protection services and security-related equipment, helping customers protect people, buildings, information and other assets.

Beyond its security operations, the Secom group has businesses in medical services, insurance, information and communications, and real estate.