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

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

Secom Price Performance

SOMLY opened at $10.27 on Thursday. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.42 and a quick ratio of 2.27. The stock has a market capitalization of $16.62 billion, a P/E ratio of 22.82 and a beta of 0.27. The company’s 50 day simple moving average is $9.93 and its 200-day simple moving average is $9.54. Secom has a one year low of $8.06 and a one year high of $10.47.

Secom (OTCMKTS:SOMLY) last posted its quarterly earnings data on Tuesday, May 12th. The company reported $0.14 earnings per share for the quarter. The firm had revenue of $2.21 billion during 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.