Secom (OTCMKTS:SOMLY) Shares Gap Down – Here’s Why

Secom Co. (OTCMKTS:SOMLY)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $9.51, but opened at $9.13. Secom shares last traded at $9.50, with a volume of 1,202 shares traded.

Secom Trading Up 0.1%

The stock has a market capitalization of $17.79 billion, a price-to-earnings ratio of 22.16 and a beta of 0.30. The company’s 50-day moving average is $9.51 and its 200-day moving average is $9.05. The company has a quick ratio of 2.27, a current ratio of 2.42 and a debt-to-equity ratio of 0.02.

Secom (OTCMKTS:SOMLY) last released its quarterly earnings data on Friday, February 13th. The company reported $0.12 earnings per share (EPS) for the quarter. Secom had a net margin of 8.60% and a return on equity of 7.50%. The firm had revenue of $2.05 billion during the quarter.

About Secom

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.