ImmuPharma (LON:IMM) Shares Up 67.5% – Here’s Why

ImmuPharma plc (LON:IMMGet Free Report)’s stock price was up 67.5% on Thursday . The company traded as high as GBX 2.49 ($0.03) and last traded at GBX 2.01 ($0.02). Approximately 29,260,455 shares traded hands during trading, an increase of 406% from the average daily volume of 5,786,130 shares. The stock had previously closed at GBX 1.20 ($0.01).

ImmuPharma Trading Up 75.0 %

The company has a market capitalization of £8.75 million, a P/E ratio of -210.00 and a beta of 1.53. The firm’s 50 day moving average price is GBX 1.36 and its two-hundred day moving average price is GBX 1.63.

ImmuPharma Company Profile

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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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