Infineon Technologies (OTCMKTS:IFNNY) Trading Down 0.6%

Infineon Technologies AG (OTCMKTS:IFNNY)’s stock price dropped 0.6% on Monday . The company traded as low as $34.96 and last traded at $35.21. Approximately 99,249 shares were traded during trading, a decline of 56% from the average daily volume of 228,111 shares. The stock had previously closed at $35.43.

Infineon Technologies Price Performance

The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.04 and a current ratio of 1.84. The company has a market capitalization of $45.97 billion, a PE ratio of 14.31, a P/E/G ratio of 2.87 and a beta of 1.98. The company’s 50-day simple moving average is $35.08 and its 200-day simple moving average is $36.04.

Infineon Technologies (OTCMKTS:IFNNY) last announced its earnings results on Tuesday, February 6th. The technology company reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.04. The business had revenue of $3.99 billion during the quarter. Infineon Technologies had a net margin of 18.66% and a return on equity of 20.53%. As a group, sell-side analysts anticipate that Infineon Technologies AG will post 2.22 earnings per share for the current year.

About Infineon Technologies

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.