Infineon Technologies (OTCMKTS:IFNNF) Stock Price Crosses Below 200-Day Moving Average – Here’s What Happened

Infineon Technologies AG (OTCMKTS:IFNNFGet Free Report)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $34.41 and traded as low as $32.00. Infineon Technologies shares last traded at $32.00, with a volume of 10,230 shares trading hands.

Infineon Technologies Price Performance

The business’s 50 day moving average is $37.13 and its 200 day moving average is $34.41.

Infineon Technologies Company Profile

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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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