Infineon Technologies AG (OTCMKTS:IFNNY - Get Free Report) saw a large decline in short interest during the month of May. As of May 31st, there was short interest totalling 51,400 shares, a decline of 74.7% from the May 15th total of 203,100 shares. Based on an average daily trading volume, of 846,100 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.
Infineon Technologies Price Performance
Shares of IFNNY traded down $0.59 during midday trading on Friday, hitting $40.68. 110,636 shares of the company traded hands, compared to its average volume of 464,772. The stock has a 50-day moving average of $35.65 and a 200-day moving average of $35.40. Infineon Technologies has a one year low of $25.80 and a one year high of $42.41. The firm has a market cap of $53.12 billion, a P/E ratio of 52.15, a PEG ratio of 2.39 and a beta of 1.83. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.90 and a quick ratio of 1.13.
Infineon Technologies (OTCMKTS:IFNNY - Get Free Report) last issued its earnings results on Thursday, May 8th. The technology company reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.01. The business had revenue of $4.08 billion during the quarter, compared to analyst estimates of $3.60 billion. Infineon Technologies had a return on equity of 12.55% and a net margin of 6.49%. As a group, sell-side analysts predict that Infineon Technologies will post 1.61 EPS for the current fiscal year.
About Infineon Technologies
(
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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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