Infineon Technologies AG (OTCMKTS:IFNNY - Get Free Report)'s stock price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $37.17 and traded as low as $34.80. Infineon Technologies shares last traded at $34.88, with a volume of 203,136 shares trading hands.
Analysts Set New Price Targets
Separately, Susquehanna upgraded Infineon Technologies from a "hold" rating to a "strong-buy" rating in a report on Tuesday, January 28th.
View Our Latest Research Report on Infineon Technologies
Infineon Technologies Price Performance
The company has a current ratio of 1.90, a quick ratio of 1.13 and a debt-to-equity ratio of 0.27. The company's 50 day moving average is $37.05 and its 200-day moving average is $34.49. The stock has a market cap of $43.43 billion, a PE ratio of 42.64, a P/E/G ratio of 2.39 and a beta of 1.92.
Infineon Technologies (OTCMKTS:IFNNY - Get Free Report) last announced its earnings results on Tuesday, February 4th. The technology company reported $0.35 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.25 by $0.10. Infineon Technologies had a return on equity of 12.55% and a net margin of 6.49%. As a group, sell-side analysts predict that Infineon Technologies AG will post 1.61 earnings per share for the current 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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