ImmuPharma (LON:IMM) Stock Price Up 27.6% – Here’s Why

ImmuPharma plc (LON:IMMGet Free Report) shares traded up 27.6% during mid-day trading on Friday . The stock traded as high as GBX 3.60 ($0.04) and last traded at GBX 3.35 ($0.04). 8,992,934 shares traded hands during mid-day trading, a decline of 61% from the average session volume of 23,308,711 shares. The stock had previously closed at GBX 2.63 ($0.03).

ImmuPharma Price Performance

The firm has a market capitalization of £13.95 million, a P/E ratio of -335.00 and a beta of 1.53. The stock’s fifty day simple moving average is GBX 1.59 and its 200 day simple moving average is GBX 1.69.

ImmuPharma Company Profile

(Get Free Report)

ImmuPharma PLC (LSE AIM: IMM) is a specialty biopharmaceutical company that discovers and develops peptide-based therapeutics. The Company’s portfolio includes novel peptide therapeutics for autoimmune diseases and anti-infectives. The lead program, P140 (Lupuzor™), is a first-in class autophagy immunomodulator for the treatment of Lupus and preclinical analysis suggest therapeutic activity for many other autoimmune diseases that share the same autophagy mechanism of action.

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