Infineon Technologies (OTCMKTS:IFNNF – Get Free Report) is expected to post its results before the market opens on Tuesday, November 10th. Analysts expect the company to post earnings of $0.7120 per share and revenue of $5.33 billion for the quarter.
Infineon Technologies Stock Performance
OTCMKTS IFNNF remained flat at $57.59 on Tuesday. 21,958 shares of the company were exchanged, compared to its average volume of 13,090. The stock’s fifty day moving average price is $63.89 and its two-hundred day moving average price is $65.23. Infineon Technologies has a 12-month low of $37.05 and a 12-month high of $103.50.
About Infineon Technologies
Infineon Technologies AG is a Germany-based semiconductor manufacturer headquartered in Neubiberg near Munich. The company develops and produces semiconductor solutions for automotive, industrial, consumer, communications and security applications.
Its product portfolio includes power semiconductors, automotive microcontrollers, sensors, radio-frequency components, connectivity solutions, memory products and hardware security technologies. Infineon’s chips are used in electric and traditional vehicles, renewable-energy and power-management systems, industrial automation, appliances, mobile and connected devices, payment cards, identification systems and Internet of Things applications.
Infineon was established in 1999 as a spin-off from Siemens.
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