Secom (OTCMKTS:SOMLY) Shares Gap Up – Should You Buy?

Shares of Secom Co. (OTCMKTS:SOMLY) gapped up before the market opened on Friday . The stock had previously closed at $10.1170, but opened at $10.58. Secom shares last traded at $10.49, with a volume of 21,885 shares traded.

Secom Price Performance

The stock has a market capitalization of $16.81 billion, a price-to-earnings ratio of 23.09 and a beta of 0.27. The company has a quick ratio of 2.27, a current ratio of 2.42 and a debt-to-equity ratio of 0.02. The stock has a fifty day moving average of $10.08 and a 200-day moving average of $9.60.

Secom (OTCMKTS:SOMLY) last released its quarterly earnings data on Tuesday, May 12th. The company reported $0.14 earnings per share for the quarter. The company had revenue of $2.21 billion for the quarter. Secom had a net margin of 8.94% and a return on equity of 7.81%.

Secom Company Profile

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.