ImmuPharma (LON:IMM) Shares Down 11.7% – Should You Sell?

Shares of ImmuPharma plc (LON:IMMGet Free Report) were down 11.7% during trading on Thursday . The company traded as low as GBX 3.75 ($0.05) and last traded at GBX 3.80 ($0.05). Approximately 14,512,619 shares traded hands during mid-day trading, a decline of 27% from the average daily volume of 19,785,457 shares. The stock had previously closed at GBX 4.31 ($0.05).

ImmuPharma Price Performance

The stock’s 50-day moving average price is GBX 2.67 and its 200 day moving average price is GBX 2.01. The firm has a market capitalization of £16.15 million, a PE ratio of -6.57 and a beta of 1.53.

ImmuPharma Company Profile

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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 (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.

Further Reading

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