ImmuPharma (LON:IMM) Stock Price Up 23.8% – Here’s Why

ImmuPharma plc (LON:IMMGet Free Report)’s stock price was up 23.8% during trading on Friday . The stock traded as high as GBX 5.70 ($0.07) and last traded at GBX 4.83 ($0.06). Approximately 16,731,404 shares changed hands during mid-day trading, a decline of 23% from the average daily volume of 21,725,510 shares. The stock had previously closed at GBX 3.90 ($0.05).

ImmuPharma Stock Up 23.8 %

The company has a market cap of £20.11 million, a price-to-earnings ratio of -483.00 and a beta of 1.53. The firm’s 50 day simple moving average is GBX 2.39 and its 200 day simple moving average is GBX 1.93.

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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