Trend Micro (OTCMKTS:TMICY) Sets New 1-Year Low – What’s Next?

Trend Micro Inc. (OTCMKTS:TMICYGet Free Report) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $41.49 and last traded at $43.15, with a volume of 438 shares trading hands. The stock had previously closed at $44.21.

Trend Micro Price Performance

The firm’s 50 day moving average price is $49.15 and its 200 day moving average price is $56.63. The stock has a market capitalization of $6.09 billion, a P/E ratio of 24.28 and a beta of 0.75.

Trend Micro Company Profile

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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.

Further Reading

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