Shares of Infinity Pharmaceuticals Inc. (NASDAQ:INFI) traded at a new 52-week high today of $3.67. So far today approximately 755,000 shares have been exchanged, as compared to an average 30-day volume of 1.3 million shares.
In the past 52 weeks, shares of Infinity Pharmaceuticals Inc. have traded between a low of $0.60 and a high of $3.67 and is now at $3.58, which is 497% above that low price.
Infinity Pharmaceuticals Inc. has overhead space with shares priced $3.58, or 3.0% below the average consensus analyst price target of $3.69.
Infinity Pharmaceuticals Inc is a clinical-stage biopharmaceutical company focused on developing novel medicines for the treatment of specific cancers. The company”s developed products and those under development include therapies targeting hematologic malignancies, or blood cancers; refractory indolent non-Hodgkin lymphoma; refractory chronic lymphocytic leukemia; and solid tumors, including melanoma and non-small cell lung cancer. Infinity has a strategic partnership with AbbVie to develop some of its oncology-related treatments. The company operates in only one segment which is drug development.
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