Trend Micro (OTCMKTS:TMICY) Trading Up 8.9% – Should You Buy?

Trend Micro Inc. (OTCMKTS:TMICY)’s share price was up 8.9% during trading on Tuesday . The company traded as high as $39.1450 and last traded at $38.30. Approximately 351 shares changed hands during trading, a decline of 99% from the average daily volume of 45,212 shares. The stock had previously closed at $35.18.

Trend Micro Trading Up 2.0%

The stock has a market capitalization of $5.00 billion, a PE ratio of 20.36 and a beta of 0.77. The firm has a 50-day moving average price of $34.47 and a 200-day moving average price of $39.99.

Trend Micro (OTCMKTS:TMICY) last posted its quarterly earnings data on Thursday, May 14th. The technology company reported $0.57 earnings per share (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 business had revenue of $467.01 million during 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.