Shares of ImmuPharma plc (LON:IMM – Get Free Report) were up 23.5% on Friday . The stock traded as high as GBX 4.70 ($0.06) and last traded at GBX 4.32 ($0.05). Approximately 86,096,039 shares changed hands during mid-day trading, an increase of 204% from the average daily volume of 28,338,043 shares. The stock had previously closed at GBX 3.50 ($0.04).
ImmuPharma Trading Up 23.5 %
The firm has a 50-day simple moving average of GBX 1.40 and a two-hundred day simple moving average of GBX 1.65. The company has a market capitalization of £18.00 million, a price-to-earnings ratio of -432.20 and a beta of 1.53.
ImmuPharma Company Profile
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.
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