Trend Micro (OTCMKTS:TMICY) Reaches New 1-Year Low at $39.80

Trend Micro Incorporated (OTCMKTS:TMICY) shares reached a new 52-week low on Tuesday . The company traded as low as $39.80 and last traded at $39.95, with a volume of 37907 shares changing hands. The stock had previously closed at $40.78.

Trend Micro Stock Down 2.0 %

The business’s 50-day simple moving average is $43.90 and its two-hundred day simple moving average is $47.12. The firm has a market cap of $5.63 billion, a price-to-earnings ratio of 28.92 and a beta of 0.52.

Trend Micro (OTCMKTS:TMICY) last announced its quarterly earnings results on Tuesday, August 8th. The technology company reported $0.30 earnings per share for the quarter. The firm had revenue of $443.22 million during the quarter. Trend Micro had a return on equity of 8.36% and a net margin of 11.27%. On average, analysts expect that Trend Micro Incorporated will post 1.31 earnings per share for the current year.

Trend Micro Company Profile

Trend Micro Incorporated develops and sells security-related software for computers and the Internet primarily in Japan. The company offers hybrid cloud security solutions, such conformity, workload, container, file storage, application, network, and open-source security products. It also provides intrusion prevention, threat protection, industrial and mobile network security products, as well as offers email, mobile, web, and industrial endpoint security products.