ImmuPharma (LON:IMM) Stock Price Up 12.6% – Here’s Why

Shares of ImmuPharma plc (LON:IMMGet Free Report) traded up 12.6% during mid-day trading on Monday . The company traded as high as GBX 6.98 and last traded at GBX 6.98. 2,726,278 shares traded hands during mid-day trading, a decline of 5% from the average session volume of 2,871,186 shares. The stock had previously closed at GBX 6.20.

ImmuPharma Stock Performance

The firm has a 50 day simple moving average of GBX 7.91 and a two-hundred day simple moving average of GBX 6.55. The stock has a market cap of £36.20 million, a P/E ratio of -8.09 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.

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