Infineon Technologies (OTCMKTS:IFNNY) Sets New 1-Year Low – Here’s Why

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

Analyst Ratings Changes

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

Infineon Technologies Price Performance

The firm has a market cap of $36.92 billion, a price-to-earnings ratio of 36.24, a P/E/G ratio of 2.39 and a beta of 1.86. 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 stock’s fifty day moving average price is $36.75 and its 200-day moving average price is $34.43.

Infineon Technologies (OTCMKTS:IFNNY) last released its quarterly earnings results on Tuesday, February 4th. The technology company reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.10. Infineon Technologies had a net margin of 6.49% and a return on equity of 12.55%. As a group, equities research analysts forecast that Infineon Technologies AG will post 1.61 earnings per share for the current fiscal year.

Infineon Technologies Company Profile

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.