ValuEngine Lowers Trend Micro (OTCMKTS:TMICY) to Hold

Trend Micro (OTCMKTS:TMICY) was downgraded by equities researchers at ValuEngine from a “buy” rating to a “hold” rating in a research note issued on Tuesday, ValuEngine reports.

Separately, Zacks Investment Research restated a “hold” rating on shares of Trend Micro in a research note on Sunday, November 3rd.

OTCMKTS TMICY opened at $55.74 on Tuesday. The firm has a 50-day moving average of $51.56 and a 200-day moving average of $47.51. The stock has a market cap of $7.64 billion, a PE ratio of 30.29, a P/E/G ratio of 1.93 and a beta of 0.65. Trend Micro has a 52-week low of $41.93 and a 52-week high of $59.36.

About Trend Micro

Trend Micro Incorporated develops and sells security solutions primarily in Japan. The company offers hybrid cloud security solutions, such as data center, cloud, and virtualization security products; network security solutions, including integrated advanced threat prevention and advanced threat detection solutions; user protection solutions comprising endpoint and gateway suites, endpoint security, email security, Web security, SaaS application security, and endpoint detection and response; and support services.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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