Trend Micro (OTCMKTS:TMICY) Stock Passes Below 200-Day Moving Average of $51.97

Trend Micro Incorporated (OTCMKTS:TMICYGet Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $51.97 and traded as low as $44.93. Trend Micro shares last traded at $45.11, with a volume of 4,880 shares changing hands.

Trend Micro Price Performance

The firm has a market capitalization of $6.36 billion, a PE ratio of 58.58 and a beta of 0.61. The company’s fifty day simple moving average is $49.55 and its 200 day simple moving average is $51.97.

Trend Micro (OTCMKTS:TMICYGet Free Report) last announced its quarterly earnings results on Wednesday, May 8th. The technology company reported $0.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.49 by $0.04. Trend Micro had a net margin of 5.92% and a return on equity of 8.76%. The firm had revenue of $443.98 million for the quarter. On average, analysts anticipate that Trend Micro Incorporated will post 1.69 earnings per share for the current fiscal year.

About Trend Micro

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Trend Micro Incorporated develops and sells security-related software for computers and related services in Japan and internationally. The company offers platforms, such as vision one platform, attack surface management, extended detection and response (XDR), cloud security, endpoint security, network security, email security, OT/ICS security, and threat intelligence.

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