Media stories about Infineon Technologies (OTCMKTS:IFNNY) have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of press coverage by analyzing more than 6,000 blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Infineon Technologies earned a daily sentiment score of 1.90 on their scale. InfoTrie also assigned media headlines about the technology company an news buzz score of 5 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the stock’s share price in the near term.
Shares of IFNNY stock traded up $0.78 on Friday, reaching $20.68. 105,477 shares of the stock were exchanged, compared to its average volume of 244,140. The company has a market cap of $23.21 billion, a price-to-earnings ratio of 21.99, a PEG ratio of 2.42 and a beta of 1.15. The company has a quick ratio of 1.93, a current ratio of 2.61 and a debt-to-equity ratio of 0.24. Infineon Technologies has a 1-year low of $17.90 and a 1-year high of $31.15.
Several brokerages have weighed in on IFNNY. ValuEngine upgraded Infineon Technologies from a “sell” rating to a “hold” rating in a report on Thursday, November 1st. Zacks Investment Research downgraded Infineon Technologies from a “buy” rating to a “strong sell” rating in a report on Monday, July 16th.
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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