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Infinity Pharmaceuticals (INFI) Looks Good: Stock Jumps 19%
Infinity Pharmaceuticals, Inc. was a big mover last session, as the company saw its shares rise over 19% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This reverses the recent trend for the company, as the stock is now down nearly 36% since Mar 29.
The company has seen one positive estimate revision in the last 30 days and the Zacks Consensus Estimate also moved higher, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.
Currently, Infinity Pharmaceuticals sports a Zacks Rank #1 (Strong Buy).
Infinity Pharmaceuticals, Inc. Price
Infinity Pharmaceuticals, Inc. Price | Infinity Pharmaceuticals, Inc. Quote
Another similarly-ranked stock in the same industry is Grifols, S.A. (GRFS - Free Report) . You can see the complete list of today’s Zacks #1 Rank stocks here.
Is INFI going up? Or down? Predict to see what others think: Up or Down
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