Trend Micro (OTCMKTS:TMICY) Reaches New 12-Month High – Time to Buy?

Shares of Trend Micro Incorporated (OTCMKTS:TMICY) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $77.34 and last traded at $77.34, with a volume of 4588 shares changing hands. The stock had previously closed at $72.97.

Trend Micro Stock Performance

The company has a market cap of $10.49 billion, a price-to-earnings ratio of 43.55 and a beta of 0.65. The business has a 50-day simple moving average of $58.52 and a 200-day simple moving average of $56.98.

Trend Micro (OTCMKTS:TMICY) last posted its quarterly earnings results on Tuesday, February 18th. The technology company reported $0.40 earnings per share (EPS) for the quarter. The company had revenue of $459.42 million for the quarter, compared to analyst estimates of $448.97 million. Trend Micro had a return on equity of 31.66% and a net margin of 12.64%. Research analysts anticipate that Trend Micro Incorporated will post 1.94 EPS for the current year.

Trend Micro Company Profile

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.