Infinity Pharmaceuticals Trading Higher Today on Above-Average Volume, Consistent With Trend (INFI)
Infinity Pharmaceuticals's stock is up 43.4% to $15.66 on heavy trading volume. About 8.0 million shares have been traded today, as compared to the 30-day average volume of 565,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.
SmarTrend is tracking the current trend status for Infinity Pharmaceuticals and will alert subscribers who have INFI in their portfolio or watchlist when shares have changed trend direction.
Infinity Pharmaceuticals share prices have moved between a 52-week high of $50.51 and a 52-week low of $5.50 and are now trading 195% above that low price at $16.21 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 0.4%.
Keywords: unusual volume infinity pharmaceuticals