ImmuPharma (LON:IMM) Stock Price Crosses Above 200 Day Moving Average – Should You Sell?

ImmuPharma plc (LON:IMMGet Free Report)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 2.48 ($0.03) and traded as high as GBX 3 ($0.04). ImmuPharma shares last traded at GBX 2.80 ($0.04), with a volume of 3,469,165 shares.

ImmuPharma Stock Performance

The company’s fifty day moving average price is GBX 3.92 and its 200 day moving average price is GBX 2.48. The firm has a market capitalization of £11.92 million, a price-to-earnings ratio of -4.85 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.

Further Reading

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