Infineon Technologies AG (OTCMKTS:IFNNY - Get Free Report) was the target of a significant increase in short interest in the month of August. As of August 15th, there was short interest totalling 148,000 shares, an increase of 537.9% from the July 31st total of 23,200 shares. Based on an average daily trading volume, of 957,400 shares, the short-interest ratio is currently 0.2 days.
Infineon Technologies Price Performance
Shares of IFNNY traded up $0.46 during mid-day trading on Tuesday, reaching $36.24. The company had a trading volume of 90,289 shares, compared to its average volume of 275,312. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.80 and a quick ratio of 1.02. The company has a market capitalization of $47.33 billion, a P/E ratio of 17.18, a P/E/G ratio of 11.67 and a beta of 1.91. Infineon Technologies has a twelve month low of $28.83 and a twelve month high of $42.45. The company's 50-day moving average is $35.91 and its 200-day moving average is $36.50.
Infineon Technologies (OTCMKTS:IFNNY - Get Free Report) last released its quarterly earnings results on Monday, August 5th. The technology company reported $0.46 EPS for the quarter, beating analysts' consensus estimates of $0.42 by $0.04. Infineon Technologies had a net margin of 16.48% and a return on equity of 17.84%. The firm had revenue of $3.98 billion for the quarter. On average, equities analysts anticipate that Infineon Technologies will post 1.98 EPS for the current year.
Wall Street Analysts Forecast Growth
Separately, Barclays upgraded Infineon Technologies to a "strong-buy" rating in a research report on Monday, June 24th.
Check Out Our Latest Stock Analysis on IFNNY
About Infineon Technologies
(
Get Free Report)
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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