Infineon Technologies AG (OTCMKTS:IFNNY - Get Free Report) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 72,100 shares, an increase of 91.2% from the November 30th total of 37,700 shares. Based on an average daily volume of 625,400 shares, the days-to-cover ratio is presently 0.1 days.
Analyst Upgrades and Downgrades
Several analysts have commented on IFNNY shares. Citigroup upgraded shares of Infineon Technologies to a "strong-buy" rating in a report on Thursday, October 10th. New Street Research upgraded shares of Infineon Technologies to a "strong-buy" rating in a report on Monday, September 9th.
Read Our Latest Stock Report on IFNNY
Infineon Technologies Stock Down 0.7 %
Shares of Infineon Technologies stock traded down $0.11 during trading on Friday, reaching $33.22. The stock had a trading volume of 240,996 shares, compared to its average volume of 273,179. The company has a current ratio of 1.90, a quick ratio of 1.08 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $43.38 billion, a price-to-earnings ratio of 31.64, a P/E/G ratio of 2.25 and a beta of 1.88. Infineon Technologies has a 52 week low of $30.06 and a 52 week high of $42.20. The stock has a fifty day moving average price of $32.69 and a two-hundred day moving average price of $34.24.
Infineon Technologies (OTCMKTS:IFNNY - Get Free Report) last released its quarterly earnings results on Tuesday, November 12th. The technology company reported $0.54 earnings per share for the quarter, topping analysts' consensus estimates of $0.51 by $0.03. Infineon Technologies had a return on equity of 14.27% and a net margin of 8.64%. The firm had revenue of $4.31 billion during the quarter. Sell-side analysts predict that Infineon Technologies will post 1.61 EPS for the current fiscal year.
About Infineon Technologies
(
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Infineon Technologies AG designs, develops, manufactures, and markets semiconductors and semiconductor-based solutions worldwide. Its Automotive segment offers automotive microcontrollers; 3D ToF, magnetic, and pressure sensors; discrete power semiconductors; IGBT modules; industrial microcontrollers; power and memory ICs; transceivers; diodes, MOSEFTs, and modules; and voltage regulators for use in assistance and safety systems, comfort electronics, infotainment, powertrain, and security products.
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