Infineon Technologies AG (OTCMKTS:IFNNF – Get Free Report) shares passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $40.73 and traded as high as $42.35. Infineon Technologies shares last traded at $42.35, with a volume of 216 shares changing hands.
Infineon Technologies Stock Performance
The company has a 50-day simple moving average of $40.73 and a 200-day simple moving average of $40.58.
About Infineon Technologies
Infineon Technologies AG is a Germany-based semiconductor manufacturer specializing in the design, development and production of a broad range of semiconductor and system solutions. Established in 1999 as a spin-off from Siemens AG, the company is headquartered in Neubiberg, Germany, and has built a global reputation for its expertise in power semiconductors, microcontrollers and security controllers.
The company’s core business activities are organized around three key segments: Automotive, Industrial Power Control and Power & Sensor Systems.
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