Trend Micro (OTCMKTS:TMICY) Sets New 1-Year High – Should You Buy?

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

Trend Micro Trading Up 6.0 %

The stock has a 50 day simple moving average of $56.93 and a 200 day simple moving average of $56.29. The firm has a market capitalization of $10.90 billion, a PE ratio of 63.92 and a beta of 0.65.

Trend Micro (OTCMKTS:TMICY) last issued its earnings results on Tuesday, February 18th. The technology company reported $0.40 earnings per share (EPS) for the quarter. Trend Micro had a net margin of 9.06% and a return on equity of 20.50%. The firm had revenue of $459.42 million for the quarter, compared to analysts’ expectations of $448.97 million. As a group, equities analysts anticipate that Trend Micro Incorporated will post 1.7 earnings per share for the current year.

About Trend Micro

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.