ImmuPharma (LON:IMM) Stock Price Up 23.6% – Here’s Why

Shares of ImmuPharma plc (LON:IMMGet Free Report) rose 23.6% on Friday . The stock traded as high as GBX 4.70 ($0.06) and last traded at GBX 4.33 ($0.05). Approximately 77,650,875 shares traded hands during trading, an increase of 186% from the average daily volume of 27,131,590 shares. The stock had previously closed at GBX 3.50 ($0.04).

ImmuPharma Trading Up 4.9 %

The firm has a market capitalization of £15.30 million, a P/E ratio of -367.30 and a beta of 1.53. The firm has a 50-day moving average of GBX 1.44 and a two-hundred day moving average of GBX 1.65.

ImmuPharma Company Profile

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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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