ImmuPharma (LON:IMM) Trading Up 86.7% – Time to Buy?

ImmuPharma plc (LON:IMMGet Free Report) shot up 86.7% on Thursday . The stock traded as high as GBX 2.49 ($0.03) and last traded at GBX 2.24 ($0.03). 12,117,709 shares traded hands during mid-day trading, an increase of 314% from the average session volume of 2,929,006 shares. The stock had previously closed at GBX 1.20 ($0.01).

ImmuPharma Price Performance

The firm has a market cap of £8.75 million, a price-to-earnings ratio of -210.00 and a beta of 1.53. The business has a 50-day moving average of GBX 1.36 and a 200-day moving average of GBX 1.63.

About ImmuPharma

(Get Free Report)

ImmuPharma plc, a biopharmaceutical company, discovers and develops peptide-based therapeutics. Its peptide-based therapeutics are used in the therapy areas of autoimmunity and inflammation, and anti-infectives. The company's lead product candidate is the Lupuzor, an autophagy immunomodulator, which is in Phase III clinical trial for the treatment of lupus, an autoimmune chronic inflammatory disease.

Further Reading

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