Trend Micro Inc. (OTCMKTS:TMICY - Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $67.95 and traded as low as $60.50. Trend Micro shares last traded at $62.39, with a volume of 2,640 shares trading hands.
Trend Micro Price Performance
The firm has a 50-day moving average of $69.33 and a 200 day moving average of $67.98. The stock has a market capitalization of $8.66 billion, a price-to-earnings ratio of 37.94 and a beta of 0.71.
Trend Micro (OTCMKTS:TMICY - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The technology company reported $0.44 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.08). Trend Micro had a net margin of 11.85% and a return on equity of 29.92%. The company had revenue of $465.43 million for the quarter, compared to analyst estimates of $483.12 million. On average, equities analysts forecast that Trend Micro Inc. will post 1.94 earnings per share for the current year.
About Trend Micro
(
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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.
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