Trend Micro Inc. (OTCMKTS:TMICY – Get Free Report) shares hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $41.37 and last traded at $41.37, with a volume of 1630 shares traded. The stock had previously closed at $42.43.
Trend Micro Stock Down 2.8%
The firm has a market capitalization of $5.81 billion, a price-to-earnings ratio of 23.16 and a beta of 0.76. The firm’s 50 day moving average is $47.80 and its 200 day moving average is $55.07.
About Trend Micro
Trend Micro Incorporated is a global cybersecurity company that develops software and services to protect data and networks from evolving digital threats. Headquartered in Tokyo, Japan, with additional offices in North America, Europe and Asia-Pacific, the company offers solutions designed to safeguard businesses, governments and individual users. Since its founding in 1988, Trend Micro has focused on leveraging advanced threat intelligence and machine learning to deliver proactive security measures.
The company’s product portfolio spans endpoint security, network defense, cloud security and threat intelligence services.
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