ImmuPharma (LON:IMM) Stock Price Down 6.3% – Here’s Why

Shares of ImmuPharma plc (LON:IMM) dropped 6.3% during trading on Saturday . The stock traded as low as GBX 10.70 ($0.14) and last traded at GBX 11.60 ($0.15). Approximately 3,961,091 shares changed hands during mid-day trading, a decline of 53% from the average daily volume of 8,360,403 shares. The stock had previously closed at GBX 12.38 ($0.16).

ImmuPharma Stock Down 6.3%

The company has a market capitalization of £58.32 million, a P/E ratio of -13.03 and a beta of 1.53. The company’s 50-day simple moving average is GBX 8.95 and its 200 day simple moving average is GBX 4.69.

ImmuPharma (LON:IMM) last posted its earnings results on Wednesday, August 6th. The company reported GBX (0.38) EPS for the quarter. ImmuPharma had a negative return on equity of 131.41% and a net margin of 3,519.56%. As a group, equities research analysts forecast that ImmuPharma plc will post -339.0000022 earnings per share for the current year.

ImmuPharma Company Profile

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.