Trend Micro (OTCMKTS:TMICY) Reaches New 12-Month High – Time to Buy?

Trend Micro Incorporated (OTCMKTS:TMICYGet Free Report) hit a new 52-week high on Wednesday . The stock traded as high as $77.34 and last traded at $77.34, with a volume of 4588 shares traded. The stock had previously closed at $72.97.

Trend Micro Stock Performance

The firm has a market cap of $10.49 billion, a price-to-earnings ratio of 43.55 and a beta of 0.65. The firm has a 50-day moving average price of $58.52 and a two-hundred day moving average price of $56.98.

Trend Micro (OTCMKTS:TMICYGet Free Report) last released its quarterly earnings results on Tuesday, February 18th. The technology company reported $0.40 earnings per share (EPS) for the quarter. The firm had revenue of $459.42 million for the quarter, compared to the consensus estimate of $448.97 million. Trend Micro had a return on equity of 31.66% and a net margin of 12.64%. Research analysts anticipate that Trend Micro Incorporated will post 1.94 earnings per share for the current year.

Trend Micro Company Profile

(Get Free Report)

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.

Further Reading

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