ImmuPharma (LON:IMM) Shares Down 14.6% – Here’s What Happened

ImmuPharma plc (LON:IMMGet Free Report) shares traded down 14.6% on Tuesday . The stock traded as low as GBX 3.20 ($0.04) and last traded at GBX 3.20 ($0.04). 13,200,714 shares changed hands during trading, a decline of 53% from the average session volume of 28,314,303 shares. The stock had previously closed at GBX 3.75 ($0.05).

ImmuPharma Stock Down 9.5 %

The stock has a market capitalization of £10.93 million, a P/E ratio of -262.50 and a beta of 1.53. The business’s 50 day simple moving average is GBX 1.54 and its two-hundred day simple moving average is GBX 1.68.

About ImmuPharma

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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 (Lupuzorâ„¢), 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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