ImmuPharma (LON:IMM) Trading Up 4.9% – Time to Buy?

ImmuPharma plc (LON:IMMGet Free Report)’s share price was up 4.9% during mid-day trading on Saturday . The stock traded as high as GBX 4.70 ($0.06) and last traded at GBX 3.67 ($0.04). Approximately 109,382,164 shares were traded during mid-day trading, an increase of 245% from the average daily volume of 31,664,631 shares. The stock had previously closed at GBX 3.50 ($0.04).

ImmuPharma Trading Up 4.9 %

The company has a market cap of £15.30 million, a P/E ratio of -367.30 and a beta of 1.53. The business’s 50 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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