Trend Micro (OTCMKTS:TMICY) Hits New 52-Week Low – Time to Sell?

Trend Micro Inc. (OTCMKTS:TMICYGet Free Report) shares reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $41.37 and last traded at $41.37, with a volume of 1630 shares. The stock had previously closed at $42.43.

Trend Micro Stock Performance

The stock’s fifty day simple moving average is $48.22 and its two-hundred day simple moving average is $55.27. The company has a market cap of $5.85 billion, a price-to-earnings ratio of 23.31 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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