ImmuPharma (LON:IMM) Shares Up 12.5% – Here’s What Happened

ImmuPharma plc (LON:IMMGet Free Report) shares shot up 12.5% on Thursday . The stock traded as high as GBX 5.80 ($0.07) and last traded at GBX 5.50 ($0.07). 19,527,068 shares changed hands during mid-day trading, a decline of 23% from the average session volume of 25,520,734 shares. The stock had previously closed at GBX 4.89 ($0.06).

ImmuPharma Stock Down 3.7 %

The stock has a market capitalization of £21.65 million, a price-to-earnings ratio of -520.00 and a beta of 1.53. The stock’s 50-day simple moving average is GBX 2.14 and its 200 day simple moving average is GBX 1.85.

About ImmuPharma

(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 (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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