ImmuPharma (LON:IMM) Shares Down 5.6% – Here’s Why

ImmuPharma plc (LON:IMMGet Free Report) fell 5.6% during trading on Friday . The stock traded as low as GBX 1.03 ($0.01) and last traded at GBX 1.15 ($0.01). 845,057 shares traded hands during mid-day trading, a decline of 7% from the average session volume of 911,549 shares. The stock had previously closed at GBX 1.22 ($0.02).

ImmuPharma Stock Performance

The stock has a market cap of £4.79 million, a price-to-earnings ratio of -115.00 and a beta of 1.53. The business has a 50-day simple moving average of GBX 1.39 and a two-hundred day simple moving average of GBX 1.67.

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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