Trend Micro (OTCMKTS:TMICY) Sees Unusually-High Trading Volume – Still a Buy?

by · The Cerbat Gem

Trend Micro Inc. (OTCMKTS:TMICY – Get Free Report) saw an uptick in trading volume on Monday . 21,029 shares traded hands during trading, an increase of 469% from the previous session’s volume of 3,695 shares.The stock last traded at $51.16 and had previously closed at $50.89.

Trend Micro Price Performance

The company has a market capitalization of $7.20 billion, a PE ratio of 32.56 and a beta of 0.67. The stock’s 50 day simple moving average is $53.04 and its 200-day simple moving average is $61.94.

Trend Micro (OTCMKTS:TMICY – Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The technology company reported $0.29 earnings per share for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.23). Trend Micro had a net margin of 11.29% and a return on equity of 27.73%. The business had revenue of $450.18 million during the quarter, compared to analyst estimates of $482.56 million. On average, equities analysts predict that Trend Micro Inc. will post 1.94 earnings per share for the current year.

About Trend Micro

(Get Free Report)

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.

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