Secom (OTCMKTS:SOMLY) Shares Gap Up – Still a Buy?

Shares of Secom Co. (OTCMKTS:SOMLY) gapped up prior to trading on Friday . The stock had previously closed at $9.14, but opened at $9.79. Secom shares last traded at $9.4050, with a volume of 6,400 shares.

Secom Stock Up 3.0%

The firm has a market cap of $17.57 billion, a P/E ratio of 21.89 and a beta of 0.29. The company’s 50-day simple moving average is $9.38 and its 200 day simple moving average is $9.05. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.42 and a quick ratio of 2.43.

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

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.