ImmuPharma (LON:IMM) Trading Down 15.3% – Here’s Why

ImmuPharma plc (LON:IMMGet Free Report) shares fell 15.3% during trading on Wednesday . The company traded as low as GBX 4.60 ($0.06) and last traded at GBX 5 ($0.06). 57,070,488 shares traded hands during mid-day trading, an increase of 126% from the average session volume of 25,258,289 shares. The stock had previously closed at GBX 5.90 ($0.07).

ImmuPharma Trading Down 15.4 %

The firm’s 50 day moving average price is GBX 1.92 and its two-hundred day moving average price is GBX 1.78. The company has a market capitalization of £20.78 million, a price-to-earnings ratio of -499.00 and a beta of 1.53.

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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