ImmuPharma (LON:IMM) Stock Price Up 9.7% – Time to Buy?

ImmuPharma plc (LON:IMMGet Free Report) rose 9.7% on Friday . The stock traded as high as GBX 4.50 ($0.06) and last traded at GBX 3.95 ($0.05). Approximately 24,599,076 shares changed hands during trading, an increase of 28% from the average daily volume of 19,273,818 shares. The stock had previously closed at GBX 3.60 ($0.04).

ImmuPharma Stock Performance

The firm has a market capitalization of £17.04 million, a PE ratio of -409.20 and a beta of 1.53. The company’s 50 day simple moving average is GBX 1.71 and its 200-day simple moving average is GBX 1.72.

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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