ImmuPharma (LON:IMM) Stock Price Up 15.4% – Should You Buy?

Shares of ImmuPharma plc (LON:IMMGet Free Report) were up 15.4% during trading on Friday . The stock traded as high as GBX 4.79 ($0.06) and last traded at GBX 4.50 ($0.06). Approximately 5,421,370 shares were traded during trading, a decline of 75% from the average daily volume of 21,306,619 shares. The stock had previously closed at GBX 3.90 ($0.05).

ImmuPharma Stock Performance

The business’s 50-day moving average is GBX 2.39 and its 200 day moving average is GBX 1.93. The company has a market cap of £20.32 million, a PE ratio of -488.00 and a beta of 1.53.

About ImmuPharma

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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 (Lupuzorâ„¢), 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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