Trend Micro Inc. (OTCMKTS:TMICY – Get Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $38.14, but opened at $36.38. Trend Micro shares last traded at $37.33, with a volume of 833 shares changing hands.
Trend Micro Trading Down 3.0%
The company has a market capitalization of $4.84 billion, a P/E ratio of 19.69 and a beta of 0.77. The business’s 50-day simple moving average is $35.04 and its 200 day simple moving average is $39.38.
Trend Micro (OTCMKTS:TMICY – Get Free Report) last released its quarterly earnings results on Thursday, May 14th. The technology company reported $0.57 EPS for the quarter, topping analysts’ consensus estimates of $0.54 by $0.03. Trend Micro had a net margin of 13.23% and a return on equity of 29.39%. The company had revenue of $467.01 million for the quarter, compared to the consensus estimate of $455.87 million.
Trend Micro Company Profile
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.
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