ImmuPharma (LON:IMM) Trading 8.6% Higher – Here’s Why

Shares of ImmuPharma plc (LON:IMMGet Free Report) rose 8.6% during trading on Friday . The company traded as high as GBX 4 ($0.05) and last traded at GBX 3.80 ($0.05). Approximately 48,430,910 shares traded hands during trading, an increase of 111% from the average daily volume of 22,957,311 shares. The stock had previously closed at GBX 3.50 ($0.04).

ImmuPharma Trading Up 14.3 %

The company has a market capitalization of £16.66 million, a P/E ratio of -400.00 and a beta of 1.53. The company’s fifty day moving average is GBX 1.40 and its 200 day moving average is GBX 1.65.

About ImmuPharma

(Get Free Report)

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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