Immune Pharmaceuticals Inc (NASDAQ:IMNP) reached a new 52-week low on Friday . The company traded as low as $0.73 and last traded at $0.78, with a volume of 279800 shares trading hands. The stock had previously closed at $0.77.

The company has a debt-to-equity ratio of 3.04, a quick ratio of 0.03 and a current ratio of 0.03.

An institutional investor recently raised its position in Immune Pharmaceuticals stock. Susquehanna International Group LLP grew its position in Immune Pharmaceuticals Inc (NASDAQ:IMNP) by 41.5% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 69,805 shares of the biopharmaceutical company’s stock after buying an additional 20,488 shares during the period. Susquehanna International Group LLP owned 0.69% of Immune Pharmaceuticals worth $215,000 at the end of the most recent reporting period. Institutional investors own 1.63% of the company’s stock.

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Immune Pharmaceuticals Company Profile

Immune Pharmaceuticals Inc is a clinical-stage biopharmaceutical company. The Company is engaged in the development and commercialization of targeted therapeutics in the fields of immuno-inflammation and immuno-oncology. The Company’s segment is acquiring, developing and commercializing prescription drug products.

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