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Why Is Infinity Pharmaceuticals Inc (NASDAQ: INFI) The Stock Of The Day?

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Infinity Pharmaceuticals is “focused on bringing significantly better treatments to cancer patients” and using data-driven methods to achieve those results. The firm focuses on integrity, empathy and communication.

Infinity Pharmaceuticals (NASDAQ: INFI)

Over the last 12 months, Infinity Pharma has seen a steady climb and recent selloff. Wells Fargo recently upgraded the stock to Equal-Weight, and it was trading higher just prior press time.

Why is INFI Moving?

As mentioned, INFI is moving because the stock was upgraded by Wells Fargo. Moreover, Benzinga News reports that INFI is a popular upgrade stock. Infinity has topped its revenue estimates, recovered from a Q2 loss and recently released positive updates from its Phase 2 MARIO-275 Urothelial Cancer (UC) trial.

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Data for Infinity Pharmaceuticals as of July 28, 2021

Summary of Infinity Pharmaceuticals Inc as of July 28, 2021:

  • Price Change: $1.520 to $2.17

  • 52 Week Low: $0.82

  • 52 Week High: $5.98

  • Market Cap: $134.854M

  • P/E Ratio: -

  • Dividend Yield: -

Significant Dates for Infinity Pharmaceuticals Inc:

  • Next Earnings Date: July 27, 2021, EPS of -0.130

  • Last Earnings Date: May 13, 2021 EPS of $-0.150

  • Ex-Dividend Date: -

  • Dividend Payment Date: -

Technical Data of Infinity Pharmaceuticals Inc as of July 28, 2021:

  • RSI: 41.3803 ⮕ Bullish

  • MACD: Signal Line (0.1217) Over MACD (-0.1209) ⮕ Bullish

  • Bollinger Bands: Price ($2.17), 20-Day SMA ($2.9078), Lower Band ($2.3759), Upper Band ($3.7745) ⮕ Bullish

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