Trend Micro (OTCMKTS:TMICY) Sees Large Volume Increase – Still a Buy?

Shares of Trend Micro Inc. (OTCMKTS:TMICYGet Free Report) saw unusually-strong trading volume on Friday . Approximately 19,088 shares changed hands during mid-day trading, an increase of 243% from the previous session’s volume of 5,562 shares.The stock last traded at $41.24 and had previously closed at $41.23.

Trend Micro Trading Up 0.5%

The firm has a 50-day simple moving average of $47.80 and a 200-day simple moving average of $55.07. The firm has a market cap of $5.84 billion, a P/E ratio of 23.28 and a beta of 0.76.

Trend Micro Company Profile

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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.

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