Infineon Technologies (OTCMKTS:IFNNY) Reaches New 12-Month Low – What’s Next?

Infineon Technologies AG (OTCMKTS:IFNNY)’s share price reached a new 52-week low during trading on Friday . The company traded as low as $27.57 and last traded at $28.27, with a volume of 546143 shares changing hands. The stock had previously closed at $30.80.

Wall Street Analyst Weigh In

Separately, Susquehanna upgraded Infineon Technologies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 28th.

Infineon Technologies Trading Down 8.2 %

The company has a 50 day simple moving average of $36.75 and a 200 day simple moving average of $34.43. The company has a market capitalization of $36.92 billion, a PE ratio of 36.24, a price-to-earnings-growth ratio of 2.39 and a beta of 1.86. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.13 and a current ratio of 1.90.

Infineon Technologies (OTCMKTS:IFNNY) last posted its quarterly earnings data on Tuesday, February 4th. The technology company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.25 by $0.10. Infineon Technologies had a return on equity of 12.55% and a net margin of 6.49%. Analysts anticipate that Infineon Technologies AG will post 1.61 earnings per share for the current year.

About Infineon Technologies

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.