Other analysts have also recently issued reports about the stock. Sanford C. Bernstein restated a buy rating on shares of Infineon Technologies AG in a report on Monday, September 12th. Zacks Investment Research upgraded shares of Infineon Technologies AG from a sell rating to a hold rating in a report on Tuesday, September 6th.
Shares of Infineon Technologies AG (NASDAQ:IFNNY) traded up 0.26% during mid-day trading on Tuesday, reaching $17.63. 174,215 shares of the company traded hands. The firm has a 50-day moving average price of $17.06 and a 200 day moving average price of $15.50. Infineon Technologies AG has a 52 week low of $11.59 and a 52 week high of $18.10. The firm has a market capitalization of $19.85 billion and a price-to-earnings ratio of 20.91.
About Infineon Technologies AG
Infineon Technologies AG develops, manufactures and markets a range of semiconductors and system solutions. The Company operates through four segments: Automotive; Industrial Power Control; Power Management & Multimarket, and Chip Card & Security. The Automotive segment designs, develops, manufactures and markets semiconductors for use in automotive applications.
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