Trend Micro (OTCMKTS:TMICY) Sets New 1-Year Low – Time to Sell?

Shares of Trend Micro Inc. (OTCMKTS:TMICYGet Free Report) reached a new 52-week low on Friday . The stock traded as low as $46.12 and last traded at $46.24, with a volume of 1760 shares traded. The stock had previously closed at $50.57.

Trend Micro Stock Down 8.3%

The company’s 50-day moving average is $51.24 and its two-hundred day moving average is $59.52. The company has a market capitalization of $6.53 billion, a P/E ratio of 26.05 and a beta of 0.75.

About Trend Micro

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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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