ImmuPharma (LON:IMM) Stock Price Down 13.9% – Here’s What Happened

ImmuPharma plc (LON:IMMGet Free Report) was down 13.9% during mid-day trading on Wednesday . The stock traded as low as GBX 4.60 ($0.06) and last traded at GBX 5.08 ($0.06). Approximately 54,879,313 shares traded hands during mid-day trading, an increase of 118% from the average daily volume of 25,154,164 shares. The stock had previously closed at GBX 5.90 ($0.07).

ImmuPharma Trading Down 20.1 %

The firm’s fifty day moving average price is GBX 1.92 and its 200-day moving average price is GBX 1.78. The company has a market cap of £19.64 million, a P/E ratio of -471.50 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.

Further Reading

Receive News & Ratings for ImmuPharma Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ImmuPharma and related companies with MarketBeat.com's FREE daily email newsletter.