Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Infinity Pharmaceuticals (INFI) Stock Price
News coverage about Infinity Pharmaceuticals (NASDAQ:INFI) has trended somewhat positive recently, Accern reports. Accern scores the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Infinity Pharmaceuticals earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave news stories about the biotechnology company an impact score of 47.2248269428485 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the news stories that may have impacted Accern Sentiment’s scoring:
- Infinity Pharma (INFI) & Bristol-Myers Squibb Report Expansion of Clinical Collaboration Evaluating IPI-549 in Combination with Opdivo (Nivolumab) (streetinsider.com)
- Infinity Pharma, Bristol-Myers Collaborate; Expands IPI-549 Study (rttnews.com)
- Infinity Pharmaceuticals : and Bristol-Myers Squibb Expand Clinical Collaboration Evaluating IPI-549 in Combination with Opdivo (Nivolumab) (4-traders.com)
- BRIEF-Infinity Pharmaceuticals and Bristol-Myers Squibb expand clinical collaboration (reuters.com)
- Infinity Pharmaceuticals and Bristol-Myers Squibb Expand Clinical Collaboration Evaluating IPI-549 in Combination … – PR Newswire (press release) (prnewswire.com)
Separately, ValuEngine downgraded Infinity Pharmaceuticals from a “sell” rating to a “strong sell” rating in a report on Friday, September 1st.
Shares of Infinity Pharmaceuticals (INFI) traded up 5.26% during midday trading on Monday, hitting $1.20. The stock had a trading volume of 1,369,726 shares. The firm’s market cap is $60.83 million. The firm’s 50 day moving average price is $1.15 and its 200 day moving average price is $1.83. Infinity Pharmaceuticals has a 52-week low of $0.84 and a 52-week high of $3.84.
Infinity Pharmaceuticals (NASDAQ:INFI) last released its quarterly earnings data on Thursday, August 3rd. The biotechnology company reported ($0.34) EPS for the quarter, missing analysts’ consensus estimates of ($0.22) by ($0.12). During the same quarter in the previous year, the business posted $1.05 earnings per share. On average, equities research analysts expect that Infinity Pharmaceuticals will post ($0.92) earnings per share for the current year.
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Infinity Pharmaceuticals Company Profile
Infinity Pharmaceuticals, Inc is a biopharmaceutical company. The Company is engaged in the discovery, development and delivery of medicines to treat diseases. The Company develops small molecule drugs that target disease pathways for potential applications in oncology. Its product candidate is duvelisib, also known as IPI-145, is an oral, dual-inhibitor of the delta and gamma isoforms of phosphoinositide-3-kinase (PI3K), for the treatment of hematologic malignancies, or blood cancers.
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