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Infineon Technologies (OTCMKTS:IFNNY) Hits New 12-Month High - What's Next?

Infineon Technologies logo with Computer and Technology background

Infineon Technologies AG (OTCMKTS:IFNNY - Get Free Report) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $43.95 and last traded at $43.73, with a volume of 12780 shares changing hands. The stock had previously closed at $43.26.

Infineon Technologies Stock Down 1.1%

The company has a quick ratio of 1.09, a current ratio of 1.99 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $57.79 billion, a PE ratio of 70.24, a P/E/G ratio of 1.93 and a beta of 1.83. The stock has a 50-day moving average of $39.93 and a 200 day moving average of $36.51.

Infineon Technologies (OTCMKTS:IFNNY - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The technology company reported $0.36 EPS for the quarter, beating analysts' consensus estimates of $0.35 by $0.01. The company had revenue of $4.08 billion during the quarter, compared to the consensus estimate of $3.60 billion. Infineon Technologies had a return on equity of 11.88% and a net margin of 5.39%. Sell-side analysts anticipate that Infineon Technologies AG will post 1.61 EPS for the current year.

About Infineon Technologies

(Get Free Report)

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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