Infineon Technologies (OTCMKTS:IFNNF) Shares Pass Above Fifty Day Moving Average of $32.61

Infineon Technologies AG (OTCMKTS:IFNNFGet Rating) shares passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $32.61 and traded as high as $34.92. Infineon Technologies shares last traded at $34.92, with a volume of 6,884 shares trading hands.

Infineon Technologies Price Performance

The company has a 50 day simple moving average of $32.61 and a 200-day simple moving average of $27.73.

Infineon Technologies Company Profile

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Infineon Technologies AG designs, develops, manufactures, and markets semiconductors and related system solutions worldwide. Its Automotive segment offers automotive microcontrollers; 3D ToF, magnetic, and pressure sensors; discrete power semiconductors; IGBT modules; industrial microcontrollers; power and radar sensor ICs; transceivers; SiC diodes, MOSEFTs, and modules; and voltage regulators for use in assistance and safety systems, comfort electronics, infotainment, powertrain, and security products.

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