ImmuPharma (LON:IMM) Trading 8.6% Higher – Here’s Why

ImmuPharma plc (LON:IMMGet Free Report)’s share price rose 8.6% during mid-day trading on Friday . The stock traded as high as GBX 4 ($0.05) and last traded at GBX 3.80 ($0.05). Approximately 48,430,910 shares changed hands during trading, an increase of 111% from the average daily volume of 22,957,311 shares. The stock had previously closed at GBX 3.50 ($0.04).

ImmuPharma Stock Up 14.3 %

The stock has a market cap of £16.66 million, a PE ratio of -400.00 and a beta of 1.53. The firm’s fifty day moving average price is GBX 1.40 and its 200 day moving average price is GBX 1.65.

ImmuPharma Company Profile

(Get Free Report)

ImmuPharma plc, a biopharmaceutical company, discovers and develops peptide-based therapeutics. Its peptide-based therapeutics are used in the therapy areas of autoimmunity and inflammation, and anti-infectives. The company's lead product candidate is the Lupuzor, an autophagy immunomodulator, which is in Phase III clinical trial for the treatment of lupus, an autoimmune chronic inflammatory disease.

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