ImmuPharma (LON:IMM) Stock Price Up 22.9% – Should You Buy?

Shares of ImmuPharma plc (LON:IMMGet Free Report) rose 22.9% on Friday . The stock traded as high as GBX 4.70 ($0.06) and last traded at GBX 4.30 ($0.05). Approximately 64,504,590 shares were traded during mid-day trading, an increase of 155% from the average daily volume of 25,253,549 shares. The stock had previously closed at GBX 3.50 ($0.04).

ImmuPharma Price Performance

The firm has a 50-day simple moving average of GBX 1.40 and a 200 day simple moving average of GBX 1.65. The firm has a market cap of £16.66 million, a PE ratio of -400.00 and a beta of 1.53.

ImmuPharma Company Profile

(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.

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