ImmuPharma (LON:IMM) Trading Up 191.7% – Here’s What Happened

Shares of ImmuPharma plc (LON:IMMGet Free Report) shot up 191.7% during trading on Thursday . The company traded as high as GBX 3.80 ($0.05) and last traded at GBX 3.50 ($0.04). 104,299,430 shares changed hands during trading, an increase of 470% from the average session volume of 18,292,627 shares. The stock had previously closed at GBX 1.20 ($0.01).

ImmuPharma Stock Up 4.9 %

The stock has a market capitalization of £15.30 million, a price-to-earnings ratio of -367.30 and a beta of 1.53. The company’s fifty day simple moving average is GBX 1.40 and its 200 day simple moving average is GBX 1.65.

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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