ImmuPharma (LON:IMM) Shares Up 23.6% – Here’s Why

ImmuPharma plc (LON:IMMGet Free Report) traded up 23.6% during trading on Friday . The stock traded as high as GBX 4.70 ($0.06) and last traded at GBX 4.33 ($0.05). 77,650,875 shares changed hands during mid-day trading, an increase of 186% from the average session volume of 27,131,590 shares. The stock had previously closed at GBX 3.50 ($0.04).

ImmuPharma Stock Up 28.3 %

The company has a market cap of £18.70 million, a price-to-earnings ratio of -449.00 and a beta of 1.53. The firm’s 50 day simple moving average is GBX 1.40 and its 200 day simple moving average is GBX 1.65.

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.

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