ImmuPharma (LON:IMM) Trading Up 16.2% – Here’s What Happened

ImmuPharma plc (LON:IMMGet Free Report)’s share price shot up 16.2% during trading on Friday . The stock traded as high as GBX 3.60 ($0.04) and last traded at GBX 3.05 ($0.04). 5,196,025 shares were traded during mid-day trading, a decline of 77% from the average session volume of 22,992,301 shares. The stock had previously closed at GBX 2.63 ($0.03).

ImmuPharma Price Performance

The firm has a fifty day simple moving average of GBX 1.56 and a two-hundred day simple moving average of GBX 1.68. The firm has a market capitalization of £14.58 million, a P/E ratio of -350.00 and a beta of 1.53.

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.

Further Reading

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