Trend Micro Inc. (OTCMKTS:TMICY – Get Free Report)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $49.34 and traded as low as $37.02. Trend Micro shares last traded at $37.38, with a volume of 57,609 shares trading hands.
Trend Micro Trading Down 3.3%
The stock has a market cap of $5.09 billion, a price-to-earnings ratio of 20.31 and a beta of 0.75. The company has a fifty day simple moving average of $41.07 and a 200-day simple moving average of $49.16.
About Trend Micro
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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