Trend Micro (OTCMKTS:TMICY) Shares Gap Up - Should You Buy?

Trend Micro Inc. (OTCMKTS:TMICY - Get Free Report) shares gapped up prior to trading on Monday . The stock had previously closed at $68.07, but opened at $70.98. Trend Micro shares last traded at $70.98, with a volume of 221 shares changing hands.

Trend Micro Stock Down 0.3%

The company has a market cap of $9.48 billion, a price-to-earnings ratio of 41.54 and a beta of 0.71. The stock's 50-day simple moving average is $72.13 and its 200 day simple moving average is $66.38.

Trend Micro (OTCMKTS:TMICY - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The technology company reported $0.44 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.08). The company had revenue of $465.43 million during the quarter, compared to analyst estimates of $483.12 million. Trend Micro had a return on equity of 29.92% and a net margin of 11.85%. On average, sell-side analysts expect that Trend Micro Inc. will post 1.94 EPS for the current fiscal year.

About Trend Micro

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.