Trend Micro (OTCMKTS:TMICY) Hits New 52-Week Low - Here's What Happened

Key Points

• New 52-week low: Trend Micro hit a new 52-week low, trading as low as $31.0856 and last at $32.57 on Monday with about 12,067 shares changing hands, and the stock sits below its 50‑day ($34.69) and 200‑day ($42.80) moving averages.
• Quarterly beat and strong profitability: The company reported EPS of $0.37 versus $0.32 expected and revenue of $476.13M versus $456.96M, with a 28.76% return on equity and a 12.51% net margin; analysts forecast full‑year EPS of 1.94.
• Valuation snapshot: Trend Micro has a market capitalization of $4.27 billion, a P/E of 18.68 and a beta of 0.77.

Trend Micro Inc. (OTCMKTS:TMICY - Get Free Report) 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 trading hands. The stock had previously closed at $32.08.

Trend Micro Stock Performance

The company has a 50-day moving average price of $34.69 and a 200-day moving average price of $42.80. The firm has a market capitalization of $4.27 billion, a P/E ratio of 18.68 and a beta of 0.77.

Trend Micro (OTCMKTS:TMICY - Get Free Report) last announced its quarterly earnings data on Wednesday, February 18th. The technology company reported $0.37 EPS for the quarter, topping analysts' consensus estimates of $0.32 by $0.05. Trend Micro had a return on equity of 28.76% and a net margin of 12.51%.The business had revenue of $476.13 million during the quarter, compared to analysts' expectations of $456.96 million. Equities analysts predict that Trend Micro Inc. will post 1.94 EPS for the current year.

Trend Micro Company Profile

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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