ImmuPharma (LON:IMM) Trading 13.4% Higher – Still a Buy?

ImmuPharma plc (LON:IMMGet Free Report)’s share price traded up 13.4% during trading on Wednesday . The stock traded as high as GBX 10.80 and last traded at GBX 10.50. 7,242,426 shares traded hands during mid-day trading, a decline of 10% from the average session volume of 8,073,004 shares. The stock had previously closed at GBX 9.26.

ImmuPharma Stock Performance

The firm has a market capitalization of £52.79 million, a PE ratio of -11.80 and a beta of 1.53. The firm’s 50-day moving average is GBX 10.98 and its 200 day moving average is GBX 5.43.

About ImmuPharma

(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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