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

Secom Co. (OTCMKTS:SOMLY) shares gapped down prior to trading 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 Trading Up 1.1%

The company has a fifty day simple moving average of $10.10 and a 200-day simple moving average of $9.94. The company has a current ratio of 2.60, a quick ratio of 2.43 and a debt-to-equity ratio of 0.03. The stock has a market cap of $17.17 billion, a price-to-earnings ratio of 24.12 and a beta of 0.25.

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

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.