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Infineon Technologies (OTCMKTS:IFNNY) Upgraded at Wall Street Zen

Infineon Technologies logo with Computer and Technology background

Infineon Technologies (OTCMKTS:IFNNY - Get Free Report) was upgraded by equities research analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a report released on Sunday.

Infineon Technologies Stock Down 0.1%

Shares of OTCMKTS:IFNNY traded down $0.06 during trading on Friday, reaching $44.15. 157,934 shares of the stock were exchanged, compared to its average volume of 131,037. The firm has a market cap of $57.66 billion, a price-to-earnings ratio of 70.08, a price-to-earnings-growth ratio of 1.85 and a beta of 1.83. The stock has a fifty day moving average of $40.87 and a two-hundred day moving average of $36.92. Infineon Technologies has a 1-year low of $25.80 and a 1-year high of $44.74. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.99 and a quick ratio of 1.09.

Infineon Technologies (OTCMKTS:IFNNY - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The technology company reported $0.36 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.35 by $0.01. The firm 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%. Research analysts anticipate that Infineon Technologies will post 1.61 earnings per share for the current fiscal year.

Infineon Technologies Company Profile

(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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