ImmuPharma (LON:IMM) Stock Price Down 14.6% – Should You Sell?

ImmuPharma plc (LON:IMMGet Free Report) fell 14.6% during mid-day trading on Wednesday . The stock traded as low as GBX 3.20 ($0.04) and last traded at GBX 3.20 ($0.04). 13,200,714 shares changed hands during trading, a decline of 53% from the average session volume of 28,314,303 shares. The stock had previously closed at GBX 3.75 ($0.05).

ImmuPharma Stock Performance

The company has a 50-day simple moving average of GBX 1.48 and a 200-day simple moving average of GBX 1.66. The company has a market cap of £12.44 million, a price-to-earnings ratio of -298.80 and a beta of 1.53.

About ImmuPharma

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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 (Lupuzorâ„¢), 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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