Free Trial

Trend Micro (OTCMKTS:TMICY) Share Price Crosses Above 50-Day Moving Average - What's Next?

Trend Micro logo with Computer and Technology background

Trend Micro Inc. (OTCMKTS:TMICY - Get Free Report) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $71.75 and traded as high as $77.08. Trend Micro shares last traded at $75.98, with a volume of 1,515 shares trading hands.

Trend Micro Stock Performance

The company has a market cap of $9.82 billion, a price-to-earnings ratio of 43.04 and a beta of 0.75. The company's 50 day moving average price is $72.18 and its 200 day moving average price is $65.60.

Trend Micro (OTCMKTS:TMICY - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The technology company reported $0.44 earnings per share for the quarter, missing analysts' consensus estimates of $0.52 by ($0.08). The business had revenue of $465.43 million for 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, equities research analysts forecast that Trend Micro Inc. will post 1.94 EPS for the current fiscal year.

About Trend Micro

(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.

See Also

Should You Invest $1,000 in Trend Micro Right Now?

Before you consider Trend Micro, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Trend Micro wasn't on the list.

While Trend Micro currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

A Beginner's Guide to Investing in Cannabis Cover

Unlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Don’t Miss These Top 3 Defense Stocks Set To Gain
Triple-Digit Gains: These 4 Nuclear Stocks Have Even More Upside Ahead
3 Made in America Stocks Under $20 You Need to See!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines