Infineon Technologies (OTCMKTS:IFNNF) Stock Price Crosses Below 200-Day Moving Average – Time to Sell?

Infineon Technologies AG (OTCMKTS:IFNNF)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $35.85 and traded as low as $32.11. Infineon Technologies shares last traded at $32.11, with a volume of 1,134 shares trading hands.

Infineon Technologies Stock Up 0.7 %

The firm’s fifty day moving average price is $33.79 and its 200-day moving average price is $35.85.

Institutional Trading of Infineon Technologies

An institutional investor recently bought a new position in Infineon Technologies stock. Eagle Bay Advisors LLC bought a new position in shares of Infineon Technologies AG (OTCMKTS:IFNNF) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,100 shares of the company’s stock, valued at approximately $39,000. 44.76% of the stock is owned by institutional investors and hedge funds.

Infineon Technologies Company Profile

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.