ImmuPharma (LON:IMM) Stock Jumps 8% – Here’s Why

ImmuPharma plc (LON:IMM – Get Free Report) shares were up 8% during trading on Thursday. The stock traded as high as GBX 4.30 and last traded at GBX 3.97. 1,687,495 shares changed hands during trading, a decline of 31% from the average session volume of 2,456,595 shares. The stock had previously closed at GBX 3.67.

ImmuPharma Stock Performance

The business has a 50-day simple moving average of GBX 3.64 and a two-hundred day simple moving average of GBX 4.78. The company has a market capitalization of £27.95 million, a price-to-earnings ratio of -5.39 and a beta of 3.02.

ImmuPharma (LON:IMM – Get Free Report) last posted its quarterly earnings data on Tuesday, September 15th. The company reported GBX (0.84) earnings per share for the quarter. ImmuPharma had a net margin of 3,519.56% and a negative return on equity of 559.87%. Research analysts predict that ImmuPharma plc will post -339.00 EPS for the current fiscal year.

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 (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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