Secom (OTCMKTS:SOMLY) Shares Gap Down – Should You Sell?

Secom Co. (OTCMKTS:SOMLY) gapped down before the market opened on Tuesday. The stock had previously closed at $9.90, but opened at $9.61. Secom shares last traded at $10.27, with a volume of 956 shares changing hands.

Secom Stock Up 0.1%

The company has a quick ratio of 2.43, a current ratio of 2.60 and a debt-to-equity ratio of 0.03. The stock has a 50-day simple moving average of $10.19 and a 200-day simple moving average of $9.89. The firm has a market capitalization of $16.03 billion, a PE ratio of 22.51 and a beta of 0.25.

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