ImmuPharma (LON:IMM) Shares Up 42.2% – Still a Buy?

ImmuPharma plc (LON:IMMGet Free Report)’s stock price was up 42.2% during mid-day trading on Monday . The company traded as high as GBX 5.60 ($0.07) and last traded at GBX 5.60 ($0.07). Approximately 25,452,426 shares were traded during trading, an increase of 27% from the average daily volume of 20,003,797 shares. The stock had previously closed at GBX 3.94 ($0.05).

ImmuPharma Stock Performance

The stock has a fifty day moving average price of GBX 1.75 and a 200-day moving average price of GBX 1.73. The firm has a market cap of £23.30 million, a PE ratio of -559.60 and a beta of 1.53.

ImmuPharma Company Profile

(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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