Infineon Technologies (OTCMKTS:IFNNF) Share Price Passes Above 50-Day Moving Average of $35.44

Infineon Technologies AG (OTCMKTS:IFNNFGet Free Report)’s share price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $35.44 and traded as high as $36.06. Infineon Technologies shares last traded at $34.73, with a volume of 3,278 shares changing hands.

Infineon Technologies Stock Down 3.5 %

The firm’s 50 day moving average is $35.44 and its 200-day moving average is $36.39.

About Infineon Technologies

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Infineon Technologies AG designs, develops, manufactures, and markets semiconductors and semiconductor-based solutions worldwide. Its Automotive segment offers automotive microcontrollers; 3D ToF, magnetic, and pressure sensors; discrete power semiconductors; IGBT modules; industrial microcontrollers; power and memory ICs; transceivers; 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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