Infineon Technologies AG (OTCMKTS:IFNNY) Given Consensus Rating of “Hold” by Analysts
Infineon Technologies AG (OTCMKTS:IFNNY) has earned a consensus recommendation of “Hold” from the seven analysts that are currently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company.
A number of equities analysts recently weighed in on the company. BNP Paribas reissued a “neutral” rating on shares of Infineon Technologies in a research note on Tuesday, June 4th. Sanford C. Bernstein began coverage on Infineon Technologies in a research note on Wednesday, June 19th. They set an “outperform” rating on the stock. Societe Generale cut Infineon Technologies from a “buy” rating to a “hold” rating in a research note on Wednesday, May 8th. Loop Capital began coverage on Infineon Technologies in a research note on Tuesday, July 23rd. They set a “buy” rating on the stock. Finally, ValuEngine cut Infineon Technologies from a “hold” rating to a “sell” rating in a research note on Monday, May 13th.
Infineon Technologies stock traded down $0.57 during midday trading on Thursday, hitting $16.60. The company’s stock had a trading volume of 441,615 shares, compared to its average volume of 303,269. The company has a quick ratio of 1.86, a current ratio of 2.77 and a debt-to-equity ratio of 0.23. The stock’s 50-day moving average price is $18.38 and its 200-day moving average price is $20.23. Infineon Technologies has a 12 month low of $15.43 and a 12 month high of $26.10. The company has a market capitalization of $20.32 billion, a PE ratio of 14.56 and a beta of 1.17.
Infineon Technologies AG designs, develops, manufactures, and markets semiconductors and system solutions worldwide. The company operates in four segments: Automotive, Industrial Power Control, Power Management & Multimarket, and Digital Security Solutions. The Automotive segment offers automotive microcontrollers for powertrain, safety, and driver assistance systems; 3D ToF, magnetic, and pressure sensors; discrete power semiconductors; IGBT modules; industrial microcontrollers; power and radar sensor integrated circuits (ICs); transceivers; and voltage regulators for use in assistance and safety systems, comfort electronics, and powertrain and security products.
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