One Year High typically refers to the highest price that a given equity instrument has reached in the last 52 weeks. In other words it is the highest price that investors paid or were willing to pay for a given stock, fund, or ETF over the past 52 weeks of trading.
Year High value is used as an indicator to give investors an idea of how a given equity may perform over mid or longer term horizons. The One Year High may be utilized as a naive indicator of how the value of stock is resistant or elastic over the long term investment horizon. For example if the price of a fund or ETF is near a new One Year High, a rational investor may interpret it as a turning point and trade the instrument away or buy additional shares.
Infinity One Year High Assessment
Based on recorded statements Infinity Pharmaceuticals Inc has One Year High of 50. This is 31.23% higher than that of Healthcare sector, and 124.89% higher than that of Biotechnology industry, The One Year High for all stocks is 37.14% lower than the firm.
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Infinity is currently under evaluation in one year high category among related companies.
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