Secom (OTCMKTS:SOMLY) Shares Up 4% - Here's Why

Key Points

• Secom Co.'s share price increased by 4% to close at $9.76, despite a significant drop in trading volume.
• The company reported earnings of $0.10 per share with a revenue of $1.99 billion in its last quarterly earnings report.
• Secom operates various services, including security, fire protection, medical, and insurance services both in Japan and internationally.

Secom Co. (OTCMKTS:SOMLY - Get Free Report)'s stock price rose 4% during mid-day trading on Tuesday . The stock traded as high as $9.76 and last traded at $9.76. Approximately 5,933 shares changed hands during trading, a decline of 93% from the average daily volume of 81,396 shares. The stock had previously closed at $9.38.

Secom Stock Down 0.8%

The company has a current ratio of 2.60, a quick ratio of 2.45 and a debt-to-equity ratio of 0.02. The firm has a 50 day moving average price of $9.36 and a 200-day moving average price of $9.13. The firm has a market cap of $17.79 billion, a price-to-earnings ratio of 24.02 and a beta of 0.44.

Secom (OTCMKTS:SOMLY - Get Free Report) last posted its earnings results on Friday, August 8th. The company reported $0.10 earnings per share for the quarter. The business had revenue of $1.99 billion for the quarter.

About Secom

SECOM CO., LTD., together with its subsidiaries, provides security services in Japan and internationally. The company operates through Security Services, Fire Protection Services, Medical Services, Insurance Services, Geospatial Information Services, BPO and ICT Services, and Other Services. The Security Services segment offers static guard, armored car, merchandise, and other services, as well as online security systems.