Securitas B Stock

Securitas B (SECU.SE) is a Swedish multinational security services company with a market capitalization of 48.90 billion SEK as of August 10, 2023. Founded in 1934 by Erik Philip-Sörensen, the company has evolved into a global leader in providing security solutions.

It offers a wide range of security services, including manned guarding, electronic security, and risk assessment. With operations in multiple countries, the company serves various industries, ensuring safety for businesses, individuals, and assets. While the company's founder established the business to provide night guards in Stockholm, it has since expanded its offerings and global reach.

Securitas went public in 1991, and its dedication to innovation and technology has solidified its position as a leading security partner for clients around the world.

The highest stock price reached by Securitas B (SECU.SE) within the past 5 years (2018-2023) was 141.40 SEK in June 2019, while the lowest stock price reached was 69.63 SEK in September 2022.

An example of a trading strategy that traders may consider when trading the stock is swing trading. Swing trading is a short-term trading strategy that involves holding onto a stock for a few days to a few weeks. This strategy may be useful especially when the stock price changes quickly, so keeping an eye on daily fluctuations could be beneficial.

Also, traders may consider using indicators such as candlestick patterns or chart patterns to analyse the stock. For example, a bullish engulfing pattern could indicate a potential uptrend, while a bearish engulfing pattern could indicate a potential downtrend. Chart patterns like the head and shoulders pattern could also be helpful in identifying potential support and resistance levels.

Before one starts trading Securitas B stock, it is essential to explore the competitors in the security industry to make well-informed investment decisions. They include:

• Thales (TCFP.PA) is a French multinational company specializing in technology and defence. Founded in 2000, Thales operates in sectors like aerospace, defence, security, and transportation. The company offers solutions such as communication systems, cybersecurity, aerospace technologies, and transportation systems, contributing to safety and efficiency in critical sectors.
• ADT Inc (ADT.US) is an American company specializing in providing security and alarm monitoring services. Founded in 1874 as the American District Telegraph Company, it has evolved into a leading provider of security solutions for homes, businesses, and commercial properties. The company offers a range of services including intrusion detection, fire detection, video surveillance, access control, and home automation.