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Infinity Pharmaceuticals, Inc. (INFI) in Focus: Stock Moves 12% Higher

Zacks Equity Research
Updated

Infinity Pharmaceuticals, Inc. INFI was a big mover last session, as the company saw its shares rise nearly 12% 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 $1.14–$1.33 in the past one-month time frame, witnessed a sharp increase yesterday.

The company has seen no estimate revisions over the past one month, and the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Infinity Pharmaceuticals currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

Infinity Pharmaceuticals, Inc. Price and Consensus

Infinity Pharmaceuticals, Inc. Price and Consensus | Infinity Pharmaceuticals, Inc. Quote

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A better-ranked stock in the Medical - Drugs industry is Corbus Pharmaceuticals Holdings, Inc. CRBP which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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Zacks Investment Research