Previous close | 34.55 |
Open | 32.45 |
Bid | 31.54 x 36200 |
Ask | 33.78 x 36900 |
Day's range | 32.45 - 33.85 |
52-week range | 28.94 - 42.41 |
Volume | |
Avg. volume | 6,687 |
Market cap | 43.019B |
Beta (5Y monthly) | 1.70 |
PE ratio (TTM) | 18.53 |
EPS (TTM) | 1.79 |
Earnings date | 12 Nov 2024 |
Forward dividend & yield | 0.38 (1.14%) |
Ex-dividend date | 26 Feb 2024 |
1y target est | N/A |
Today we're going to take a look at the well-established Infineon Technologies AG ( ETR:IFX ). The company's stock saw...
FRANKFURT (Reuters) -German chipmaker Infineon has settled a more than decade-long legal dispute over insolvent former unit Qimonda, agreeing to pay a higher than initially planned 753.5 million euros ($837 million), both companies said late on Thursday. The settlement with Qimonda insolvency administrator Michael Jaffe will not affect Infineon's operating profitability, a company spokesperson said, adding that it had already taken provisions amounting to 221 million euros over the case. While the settlement will weigh on earnings and cash flow from discontinued operations, according to the chipmaker's overnight statement, the spokesperson said it will not restrict Infineon's ongoing business and the group has enough funds for dividends and investments.
Key Insights Given the large stake in the stock by institutions, Infineon Technologies' stock price might be vulnerable...