ImmuPharma plc (LON:IMM – Get Free Report) dropped 8.3% during trading on Wednesday . The stock traded as low as GBX 4.11 ($0.05) and last traded at GBX 4.59 ($0.06). Approximately 7,864,863 shares were traded during mid-day trading, a decline of 65% from the average daily volume of 22,321,723 shares. The stock had previously closed at GBX 5 ($0.06).
ImmuPharma Trading Down 8.3 %
The company has a market cap of £19.10 million, a P/E ratio of -458.70 and a beta of 1.53. The business has a 50 day moving average price of GBX 2.28 and a 200-day moving average price of GBX 1.89.
About ImmuPharma
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.
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