ImmuPharma (LON:IMM) Trading 23.5% Higher – Still a Buy?

ImmuPharma plc (LON:IMMGet Free Report)’s share price traded up 23.5% during trading on Friday . The stock traded as high as GBX 4.70 ($0.06) and last traded at GBX 4.32 ($0.05). 86,096,039 shares changed hands during mid-day trading, an increase of 204% from the average session volume of 28,338,043 shares. The stock had previously closed at GBX 3.50 ($0.04).

ImmuPharma Trading Up 23.5 %

The stock’s 50 day moving average is GBX 1.40 and its 200 day moving average is GBX 1.65. The stock has a market capitalization of £18.00 million, a price-to-earnings ratio of -432.20 and a beta of 1.53.

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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