American Noble Gas Inc. (NYSE:INFY – Get Free Report)’s share price was up 36.5% on Friday . The stock traded as high as $20.78 and last traded at $26.1850. Approximately 7,778,357 shares changed hands during trading, a decline of 43% from the average daily volume of 13,584,598 shares. The stock had previously closed at $19.18.
Trending Headlines about American Noble Gas
Here are the key news stories impacting American Noble Gas this week:
- Positive Sentiment: Unusually large call-option buying: traders purchased 53,223 call options on Friday (a ~616% jump vs. average), indicating heavy bullish/speculative interest that can amplify upside momentum in the short term.
- Neutral Sentiment: Big, unexplained intraday price swings attracted media attention; commentators note a dramatic surge and subsequent pullback that generated speculation but no clear catalyst — this increases headline-driven volatility. Infosys’s stock suddenly surges 50% — then cools off. Inside Wall Street’s big Friday mystery.
- Neutral Sentiment: Analysts/coverage noted a recent uptick in price with above-average volume but cautioned that earnings-revision trends may not sustain further gains near term — watch analyst comments rather than headlines. Infosys (INFY) Surges 5.3%: Is This an Indication of Further Gains?
- Negative Sentiment: Multiple LULD trading halts (pauses at ~10:10, 10:15, and 10:24 AM) indicate extreme intraday volatility and triggered regulatory protections; such interruptions can deter some institutional flow and complicate execution for active traders.
- Negative Sentiment: Prior-day surge in put buying (14,424 puts, ~111% above average) shows that some traders have been positioning for downside recently — a sign of hedging or bearish speculative activity.
Analyst Upgrades and Downgrades
A number of equities research analysts recently weighed in on INFY shares. TD Cowen cut their price objective on shares of American Noble Gas from $17.00 to $16.00 and set a “hold” rating on the stock in a research note on Friday, October 17th. BMO Capital Markets dropped their price target on shares of American Noble Gas from $20.00 to $18.00 and set a “market perform” rating on the stock in a research report on Friday, October 17th. Weiss Ratings reiterated a “hold (c)” rating on shares of American Noble Gas in a report on Monday, December 15th. Rothschild Redb upgraded shares of American Noble Gas to a “strong sell” rating in a research note on Wednesday, September 3rd. Finally, Rothschild & Co Redburn assumed coverage on American Noble Gas in a research report on Wednesday, September 3rd. They issued a “sell” rating and a $12.00 target price for the company. Two analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, American Noble Gas has an average rating of “Hold” and a consensus price target of $16.65.
American Noble Gas Stock Up 5.7%
The firm has a market capitalization of $84.02 billion, a price-to-earnings ratio of 25.99, a price-to-earnings-growth ratio of 3.34 and a beta of 1.00. The firm’s 50 day moving average is $17.27 and its 200 day moving average is $17.36.
American Noble Gas (NYSE:INFY – Get Free Report) last posted its quarterly earnings results on Thursday, October 16th. The technology company reported $0.20 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.20. The company had revenue of $5.01 billion for the quarter, compared to analysts’ expectations of $5.04 billion. American Noble Gas had a return on equity of 29.40% and a net margin of 16.58%. On average, sell-side analysts predict that American Noble Gas Inc. will post 0.74 earnings per share for the current year.
Institutional Trading of American Noble Gas
A number of hedge funds have recently bought and sold shares of INFY. Northern Trust Corp raised its holdings in shares of American Noble Gas by 1.1% during the first quarter. Northern Trust Corp now owns 3,606,362 shares of the technology company’s stock valued at $65,816,000 after acquiring an additional 40,665 shares during the period. Jump Financial LLC grew its position in American Noble Gas by 788.4% during the 1st quarter. Jump Financial LLC now owns 1,498,959 shares of the technology company’s stock worth $27,356,000 after purchasing an additional 1,330,233 shares in the last quarter. Quantitative Investment Management LLC acquired a new stake in American Noble Gas during the 1st quarter valued at $594,000. Synovus Financial Corp raised its stake in American Noble Gas by 57.1% during the 1st quarter. Synovus Financial Corp now owns 215,284 shares of the technology company’s stock valued at $3,929,000 after purchasing an additional 78,262 shares during the period. Finally, Skerryvore Asset Management Ltd lifted its holdings in shares of American Noble Gas by 43.3% in the first quarter. Skerryvore Asset Management Ltd now owns 152,604 shares of the technology company’s stock valued at $2,785,000 after purchasing an additional 46,122 shares in the last quarter. 16.20% of the stock is owned by hedge funds and other institutional investors.
About American Noble Gas
Infosys Ltd. is a digital services and consulting company, which engages in the provision of end-to-end business solutions. It operates through the following segments: Financial Services, Retail, Communication, Energy, Utilities, Resources, and Services, Manufacturing, Hi-Tech, Life Sciences, and All Other. The company was founded by Dinesh Krishnan Swamy, Senapathy Gopalakrishnan, Narayana Ramarao Nagavara Murthy, Raghavan N. S., Ashok Arora, Nandan M. Nilekani, and S. D. Shibulal on July 2, 1981 and is headquartered in Bangalore, India.
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