Trend Micro (OTCMKTS:TMICY) Hits New 52-Week Low – Here’s What Happened

Trend Micro Inc. (OTCMKTS:TMICYGet Free Report)’s stock price reached a new 52-week low during trading on Thursday . The company traded as low as $39.86 and last traded at $40.26, with a volume of 56453 shares trading hands. The stock had previously closed at $40.18.

Trend Micro Stock Performance

The business has a 50-day moving average of $45.05 and a 200-day moving average of $52.16. The stock has a market capitalization of $5.67 billion, a price-to-earnings ratio of 22.62 and a beta of 0.76.

About Trend Micro

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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.

Further Reading

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