Shares of ImmuPharma plc (LON:IMM – Get Free Report) shot up 12.5% during trading on Thursday . The stock traded as high as GBX 5.80 ($0.07) and last traded at GBX 5.50 ($0.07). 19,527,068 shares traded hands during mid-day trading, a decline of 23% from the average session volume of 25,520,734 shares. The stock had previously closed at GBX 4.89 ($0.06).
ImmuPharma Price Performance
The firm has a market cap of £22.90 million, a price-to-earnings ratio of -550.00 and a beta of 1.53. The company’s 50 day simple moving average is GBX 1.98 and its 200 day simple moving average is GBX 1.80.
About ImmuPharma
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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