ImmuPharma (LON:IMM) Shares Up 13.4% – What’s Next?

ImmuPharma plc (LON:IMMGet Free Report)’s stock price was up 13.4% during mid-day trading on Wednesday . The company traded as high as GBX 10.80 and last traded at GBX 10.50. Approximately 7,242,426 shares were traded during trading, a decline of 10% from the average daily volume of 8,073,004 shares. The stock had previously closed at GBX 9.26.

ImmuPharma Price Performance

The firm has a 50-day moving average of GBX 10.98 and a 200 day moving average of GBX 5.43. The company has a market capitalization of £52.79 million, a PE ratio of -11.80 and a beta of 1.53.

ImmuPharma Company Profile

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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.

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