Trend Micro (OTCMKTS:TMICY) Sets New 1-Year Low at $42.28

Trend Micro Incorporated (OTCMKTS:TMICY) shares hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $42.28 and last traded at $42.92, with a volume of 225 shares changing hands. The stock had previously closed at $43.20.

A number of analysts have issued reports on TMICY shares. Zacks Investment Research upgraded shares of Trend Micro from a “strong sell” rating to a “hold” rating in a research note on Thursday, July 18th. ValuEngine upgraded shares of Trend Micro from a “hold” rating to a “buy” rating in a research note on Thursday.

The firm has a market capitalization of $6.02 billion, a PE ratio of 23.29, a price-to-earnings-growth ratio of 1.56 and a beta of 0.61. The business’s fifty day moving average is $44.97.

Trend Micro (OTCMKTS:TMICY) last released its quarterly earnings results on Thursday, May 9th. The technology company reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.01). The company had revenue of $345.01 million for the quarter. Trend Micro had a return on equity of 15.90% and a net margin of 17.65%. Research analysts anticipate that Trend Micro Incorporated will post 1.85 EPS for the current year.

Trend Micro Company Profile (OTCMKTS:TMICY)

Trend Micro Incorporated develops and sells security solutions primarily in Japan. The company offers hybrid cloud security solutions, such as data center, cloud, and virtualization security products; network security solutions, including integrated advanced threat prevention and advanced threat detection solutions; user protection solutions comprising endpoint and gateway suites, endpoint security, email security, Web security, SaaS application security, and endpoint detection and response; and support services.

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