ImmuPharma (LON:IMM) Stock Price Down 5.3% – Here’s Why

ImmuPharma plc (LON:IMMGet Free Report) fell 5.3% during mid-day trading on Wednesday . The company traded as low as GBX 5.04 ($0.06) and last traded at GBX 5.59 ($0.07). 46,394,512 shares traded hands during trading, an increase of 88% from the average session volume of 24,729,924 shares. The stock had previously closed at GBX 5.90 ($0.07).

ImmuPharma Trading Up 7.4 %

The firm has a market cap of £24.15 million, a P/E ratio of -580.00 and a beta of 1.53. The company’s fifty day moving average price is GBX 2.06 and its two-hundred day moving average price is GBX 1.83.

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 (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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