ImmuPharma (LON:IMM) Shares Down 11.6% – Here’s What Happened

Shares of ImmuPharma plc (LON:IMMGet Free Report) fell 11.6% during mid-day trading on Wednesday . The stock traded as low as GBX 2.50 ($0.03) and last traded at GBX 2.57 ($0.03). 6,519,809 shares were traded during mid-day trading, a decline of 43% from the average session volume of 11,538,609 shares. The stock had previously closed at GBX 2.90 ($0.04).

ImmuPharma Trading Down 8.8 %

The company has a 50 day simple moving average of GBX 3.87 and a 200 day simple moving average of GBX 2.49. The stock has a market capitalization of £10.27 million, a PE ratio of -4.18 and a beta of 1.53.

About ImmuPharma

(Get Free Report)

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.

Read More

Receive News & Ratings for ImmuPharma Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ImmuPharma and related companies with MarketBeat.com's FREE daily email newsletter.