Infinity Pharmaceuticals Inc. (INFI) is Trading Higher on Unusual Volume for December 21

Equities Staff |

Infinity Pharmaceuticals Inc. (INFI) experienced unusually high volume on Dec. 21, as the stock gained 0.38% to a closing price of $8.03. The stock saw 5.21 million shares trade hands over the course of the day on 8,639 trades. Given that the stock’s average daily volume over the last month has been 1.08 million shares a day, this represents a pretty substantial spike over the norm.

Infinity Pharmaceuticals Inc. has a P/B ratio of 2.96. The stock has traded between $17.88 and $7.19 over the last 52-weeks, its 50-day SMA is now $8.77, and its 200-day SMA $10.74.

Infinity Pharmaceuticals Inc is a biopharmaceutical company engaged in discovering, developing & delivering medicines to people with difficult-to-treat diseases. Its primary product candidate is duvelisib, also known as IPI-145, an oral inhibitor.

Headquartered in Cambridge, MA, Infinity Pharmaceuticals Inc. has 195 employees and is currently under the leadership of CEO Adelene Q. Perkins.

For a complete fundamental analysis analysis of Infinity Pharmaceuticals Inc., check out Equities.com’s Stock Valuation Analysis report for INFI. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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