Infinity Stock Falls On Unusually High Volume (INFI)
Infinity Pharmaceuticals (Nasdaq:INFI) is trading at unusually high volume Wednesday with three million shares changing hands. It is currently at two times its average daily volume and trading down $1.43 (-7.1%).
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- Infinity Pharmaceuticals (Nasdaq: INFI) is trading at unusually high volume Wednesday with three million shares changing hands. It is currently at two times its average daily volume and trading down $1.43 (-7.1%) at $18.83 as of 12:55 p.m. ET.
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Infinity has a market cap of $785.7 million and is part of the health care sector and drugs industry. Shares are down 53.1% year to date as of the close of trading on Tuesday. Infinity Pharmaceuticals, Inc., a drug discovery and development company, focuses on discovering, developing, and delivering medicines to patients for diseases with significant unmet need. TheStreet Ratings rates Infinity as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, weak operating cash flow and poor profit margins. You can view the full Infinity Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more..