Shares of ImmuPharma plc (LON:IMM – Get Free Report) dropped 6.7% during trading on Wednesday . The company traded as low as GBX 4.50 ($0.06) and last traded at GBX 4.67 ($0.06). Approximately 5,281,667 shares changed hands during trading, a decline of 76% from the average daily volume of 22,218,395 shares. The stock had previously closed at GBX 5 ($0.06).
ImmuPharma Price Performance
The company’s 50 day moving average price is GBX 2.28 and its two-hundred day moving average price is GBX 1.89. The stock has a market capitalization of £18.17 million, a PE ratio of -436.40 and a beta of 1.53.
About ImmuPharma
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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