Short Interest in Secom Co., Ltd. (OTCMKTS:SOMLY) Expands By 48.2%

Secom Co., Ltd. (OTCMKTS:SOMLY) saw a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 48,600 shares, a growth of 48.2% from the March 31st total of 32,800 shares. Based on an average daily volume of 85,800 shares, the days-to-cover ratio is currently 0.6 days.

Secom Stock Performance

Shares of Secom stock traded down $0.20 on Friday, hitting $17.44. The stock had a trading volume of 40,927 shares, compared to its average volume of 41,299. Secom has a twelve month low of $15.40 and a twelve month high of $19.85. The business’s 50 day moving average is $18.24 and its two-hundred day moving average is $17.91. The company has a quick ratio of 2.32, a current ratio of 2.46 and a debt-to-equity ratio of 0.03. The stock has a market cap of $16.28 billion, a price-to-earnings ratio of 20.76 and a beta of 0.38.

Secom (OTCMKTS:SOMLY) last posted its earnings results on Thursday, February 8th. The company reported $0.22 EPS for the quarter, beating the consensus estimate of $0.21 by $0.01. Secom had a return on equity of 7.57% and a net margin of 8.79%. The company had revenue of $1.97 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.