News articles about Infineon Technologies (OTCMKTS:IFNNF) have trended somewhat positive this week, InfoTrie reports. The research group identifies positive and negative news coverage by analyzing more than 6,000 blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Infineon Technologies earned a daily sentiment score of 1.90 on their scale. InfoTrie also gave press coverage about the company an news buzz score of 5 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the company’s share price in the immediate future.
Shares of OTCMKTS IFNNF traded down $0.50 during midday trading on Friday, reaching $20.55. 393 shares of the stock were exchanged, compared to its average volume of 11,010. Infineon Technologies has a twelve month low of $18.45 and a twelve month high of $31.25.
IFNNF has been the subject of a number of recent analyst reports. Baader Bank restated a “buy” rating on shares of Infineon Technologies in a report on Friday. BNP Paribas restated a “hold” rating on shares of Infineon Technologies in a report on Wednesday, October 17th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company presently has an average rating of “Buy”.
About Infineon Technologies
Infineon Technologies AG designs, develops, manufactures, and markets semiconductors and system solutions in Europe, the Middle East, Africa, the Asia-Pacific, Japan, and Americas. It operates in four segments: Automotive, Industrial Power Control, Power Management & Multimarket, and Chip Card & Security.
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