Short Interest in Secom Co. (OTCMKTS:SOMLY) Drops By 39.4%

Secom Co. (OTCMKTS:SOMLY) saw a large decline in short interest in June. As of June 30th, there was short interest totaling 149,534 shares, a decline of 39.4% from the June 15th total of 246,824 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 292,673 shares, the days-to-cover ratio is presently 0.5 days.

Secom Stock Performance

OTCMKTS SOMLY opened at $10.21 on Friday. The firm’s 50 day simple moving average is $9.96 and its 200 day simple moving average is $9.55. The firm has a market capitalization of $16.52 billion, a price-to-earnings ratio of 22.69 and a beta of 0.27. The company has a current ratio of 2.42, a quick ratio of 2.27 and a debt-to-equity ratio of 0.02. Secom has a 1 year low of $8.06 and a 1 year high of $10.47.

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

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.