Trend Micro (OTCMKTS:TMICY) Hits New 1-Year Low – What’s Next?

Shares of Trend Micro Inc. (OTCMKTS:TMICY) reached a new 52-week low during trading on Monday . The stock traded as low as $31.0856 and last traded at $32.57, with a volume of 12067 shares changing hands. The stock had previously closed at $32.08.

Trend Micro Stock Performance

The company has a market capitalization of $4.46 billion, a P/E ratio of 19.48 and a beta of 0.77. The firm’s fifty day moving average is $34.47 and its 200-day moving average is $42.50.

Trend Micro (OTCMKTS:TMICY) last announced its quarterly earnings results on Wednesday, February 18th. The technology company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.05. The company had revenue of $476.13 million for the quarter, compared to analyst estimates of $456.96 million. Trend Micro had a net margin of 12.51% and a return on equity of 28.76%. As a group, analysts expect that Trend Micro Inc. will post 1.94 EPS for the current fiscal year.

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.