ImmuPharma (LON:IMM) Stock Price Down 5.7% – Here’s Why

ImmuPharma plc (LON:IMMGet Free Report)’s share price dropped 5.7% during trading on Wednesday . The company traded as low as GBX 4.20 ($0.05) and last traded at GBX 4.43 ($0.06). Approximately 4,153,455 shares traded hands during trading, a decline of 79% from the average daily volume of 19,996,625 shares. The stock had previously closed at GBX 4.70 ($0.06).

ImmuPharma Stock Performance

The firm has a 50-day simple moving average of GBX 2.60 and a two-hundred day simple moving average of GBX 1.99. The company has a market capitalization of £18.45 million, a price-to-earnings ratio of -443.00 and a beta of 1.53.

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 (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.

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