Trend Micro (OTCMKTS:TMICY) Sets New 12-Month High - Here's Why

Shares of Trend Micro Incorporated (OTCMKTS:TMICY - Get Free Report) reached a new 52-week high on Wednesday . The stock traded as high as $79.99 and last traded at $78.60, with a volume of 4704 shares. The stock had previously closed at $75.00.

Trend Micro Trading Down 2.5%

The stock has a market cap of $10.79 billion, a P/E ratio of 44.80 and a beta of 0.75. The stock's 50-day moving average is $70.21 and its 200-day moving average is $64.12.

Trend Micro (OTCMKTS:TMICY - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The technology company reported $0.44 EPS for the quarter, missing analysts' consensus estimates of $0.52 by ($0.08). The company had revenue of $465.43 million for the quarter, compared to analyst estimates of $483.12 million. Trend Micro had a net margin of 12.64% and a return on equity of 31.66%. On average, equities analysts forecast that Trend Micro Incorporated will post 1.94 EPS for the current year.

Trend Micro Company Profile

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.