Goldman Sachs Group upgraded shares of Infineon Technologies (OTCMKTS:IFNNY) from a neutral rating to a buy rating in a research report report published on Thursday, MarketBeat Ratings reports.
Separately, Zacks Investment Research upgraded Infineon Technologies from a strong sell rating to a hold rating in a research report on Tuesday.
Infineon Technologies (IFNNY) traded up $0.36 during trading on Thursday, reaching $31.10. The company’s stock had a trading volume of 61,976 shares, compared to its average volume of 130,594. Infineon Technologies has a 12 month low of $17.36 and a 12 month high of $31.12. The company has a current ratio of 2.32, a quick ratio of 1.73 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $33,521.80, a P/E ratio of 40.92, a P/E/G ratio of 2.51 and a beta of 0.94.
The company also recently declared a None dividend, which will be paid on Tuesday, March 6th. Stockholders of record on Monday, February 26th will be given a $0.283 dividend. This represents a dividend yield of 0.00963568266939053%. The ex-dividend date of this dividend is Friday, February 23rd. Infineon Technologies’s dividend payout ratio is currently 28.95%.
Infineon Technologies Company Profile
Infineon Technologies AG is a Germany-based designer, developer and manufacturer of semiconductors and related 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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