ImmuPharma (LON:IMM) Trading 23.8% Higher – Time to Buy?

ImmuPharma plc (LON:IMMGet Free Report) shares were up 23.8% during mid-day trading on Saturday . 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 Performance

The company has a market capitalization of £20.11 million, a P/E ratio of -483.00 and a beta of 1.53. The stock’s 50 day moving average price is GBX 2.46 and its 200 day moving average price is GBX 1.95.

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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