Today’s Research Reports on Trending Tickers: Antares Pharma and Infinity Pharmaceuticals
Major Indexes pulled back on Thursday as investors digested earnings from JPMorgan Chase and Citigroup. The Dow Jones Industrial Average declined 0.14 percent to close at 22,841.01, while the S&P 500 Index fell 0.17 percent to close at 2,550.93. The Nasdaq Composite Index decreased 0.18 percent to close at 6,591.51. On Thursday, earnings from Citigroup and JPMorgan Chase signaled the start of earnings season.
“Basic fundamentals are good, companies are making money, and I think the market will be relatively strong throughout earnings season, but I don’t see a huge spike up between now and the end of the year because a lot [of earnings optimism] has been priced in,” said Gary Droz, managing director at MainLine Private Wealth.
RDI Initiates Coverage on:
Antares Pharma Inc.
Infinity Pharmaceuticals Inc.
Antares Pharma Inc.’s stock moved 5.33% lower Thursday, to close the day at $3.73. The stock recorded a trading volume of 6,280,425 shares, which was above its three months average volume of 1,402,570 shares. In the last year Antares Pharma Inc.’s shares have traded in a range of 1.41 – 4.09. The share price has gained 164.54% from its 52 week low. The company’s shares are currently trading above their 200-day moving average. Moreover, the stock’s 50-day moving average of $3.21 is greater than its 200-day moving average of $3.00. Shares of Antares Pharma have gained approximately 60.09 percent year-to-date.
Access RDI’s Antares Pharma Inc. Research Report at:
On Thursday, shares in Infinity Pharmaceuticals Inc. recorded a trading volume of 61,204,581 shares, which was above the three months average volume of 963,074 shares. The stock ended the day 123.35% higher at 3.73. The share price has gained 343.94% from its 52 week low with a 52 week trading range of 0.84 – 3.84.The company’s shares are currently trading above their 200-day moving average. Moreover, the stock’s 50-day moving average of $1.20 is below its 200-day moving average of $1.64. Shares of Infinity Pharmaceuticals have gained approximately 176.3 percent year-to-date.
Access RDI’s Infinity Pharmaceuticals Inc. Research Report at:
Our Actionable Research on Antares Pharma Inc. (NASDAQ:ATRS) and Infinity Pharmaceuticals Inc. (NASDAQ:INFI) can be downloaded free of charge at Research Driven Investing.
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