Infineon Technologies AG (OTCMKTS:IFNNF – Get Free Report) shares passed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $70.29 and traded as low as $69.60. Infineon Technologies shares last traded at $70.38, with a volume of 1,891 shares traded.
Infineon Technologies Stock Up 2.0%
The business’s fifty day moving average is $67.07 and its 200 day moving average is $70.29.
About Infineon Technologies
Infineon Technologies AG is a Germany-based semiconductor manufacturer headquartered in Neubiberg near Munich. The company develops and produces semiconductors and related system solutions for automotive, industrial, communications, consumer electronics and security applications. Infineon was established in 1999 through the spin-off of Siemens AG’s semiconductor operations.
Its product portfolio includes power semiconductors, microcontrollers, sensors, radio-frequency components, connectivity devices and security solutions.
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