ImmuPharma plc (LON:IMM – Get Free Report) shares dropped 15.6% on Wednesday . The company traded as low as GBX 4.60 ($0.06) and last traded at GBX 4.98 ($0.06). Approximately 68,204,375 shares were traded during mid-day trading, an increase of 164% from the average daily volume of 25,820,418 shares. The stock had previously closed at GBX 5.90 ($0.07).
ImmuPharma Stock Performance
The company has a 50-day simple moving average of GBX 1.98 and a 200-day simple moving average of GBX 1.80. The company has a market cap of £20.74 million, a price-to-earnings ratio of -498.00 and a beta of 1.53.
ImmuPharma Company Profile
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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