Secom (OTCMKTS:SOMLY) Downgraded to Hold at Zacks Investment Research

Secom (OTCMKTS:SOMLY – Get Rating) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued on Friday, Zacks.com reports.

According to Zacks, “Secom Co. Ltd. is a security company, providing its services to a number of corporate and individual clients. It conducts consistent management from research and development to manufacturing of equipment, installation work, monitoring, and emergency measures by security guards. For individual clients, various sensors are installed in their home to detect intrusions, fires, emergency situations, gas leaks, medical emergencies and other problems, and automatically notify the SECOM control center when they are detected. Products for corporate clients include access-control systems, closed-circuit television (CCTV) systems, automated fire detection and extinguishing systems, and internal and external monitoring systems that can be used alone or connected to on-line security systems. The Company also provides static guard service and armored car services. Secom Co. Ltd. is headquartered in Tokyo, Japan. “

Shares of SOMLY stock opened at $16.53 on Friday. The firm has a market capitalization of $15.43 billion, a P/E ratio of 15.59 and a beta of 0.22. Secom has a twelve month low of $15.99 and a twelve month high of $20.15. The company has a quick ratio of 2.70, a current ratio of 2.80 and a debt-to-equity ratio of 0.02. The stock’s fifty day simple moving average is $17.62 and its 200 day simple moving average is $17.59.

Secom Company Profile (Get Rating)

SECOM CO., LTD. provides security services in Japan and internationally. The company's Security Services segment provides online security systems, static guard services, armored car services. Its Fire Protection Services segment provides automatic fire alarm systems, fire extinguishing systems, other fire protection systems, and related maintenance services to office buildings, plants, tunnels, cultural properties, ships and residences.

Featured Stories