Infinity (INFI) Looks Good: Stock Adds 5.3% in Session
Infinity Pharmaceuticals, Inc. INFI was a big mover last session, as the company saw its shares rise nearly 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of 88 cents–$1.01 in the past one-month time frame, witnessed a sharp increase yesterday.
The company has seen two positive estimate revisions in the past few months, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few months, suggesting that more solid trading could be ahead for Infinity. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Infinity currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Infinity Pharmaceuticals, Inc. Price
Infinity Pharmaceuticals, Inc. price | Infinity Pharmaceuticals, Inc. Quote
A better-ranked stock in the Medical sector isAvenue Therapeutics Inc ATXI, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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