ImmuPharma plc (LON:IMM – Get Free Report)’s share price shot up 9.3% during mid-day trading on Saturday . The stock traded as high as GBX 4.50 ($0.06) and last traded at GBX 3.94 ($0.05). 31,560,066 shares traded hands during mid-day trading, an increase of 60% from the average session volume of 19,683,289 shares. The stock had previously closed at GBX 3.60 ($0.04).
ImmuPharma Price Performance
The firm has a 50-day moving average of GBX 1.75 and a 200 day moving average of GBX 1.73. The stock has a market capitalization of £16.39 million, a price-to-earnings ratio of -393.60 and a beta of 1.53.
About ImmuPharma
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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