ImmuPharma (LON:IMM) Trading Up 18.3% – Time to Buy?

ImmuPharma plc (LON:IMMGet Free Report)’s stock price shot up 18.3% on Friday . The stock traded as high as GBX 4.50 ($0.06) and last traded at GBX 4.26 ($0.05). 26,333,650 shares traded hands during trading, an increase of 36% from the average session volume of 19,375,852 shares. The stock had previously closed at GBX 3.60 ($0.04).

ImmuPharma Stock Performance

The firm has a 50 day moving average of GBX 1.71 and a 200-day moving average of GBX 1.72. The stock has a market capitalization of £16.39 million, a PE ratio of -393.60 and a beta of 1.53.

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 (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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