ImmuPharma (LON:IMM) Trading 191.7% Higher – Time to Buy?

by · The Cerbat Gem

ImmuPharma plc (LON:IMM – Get Free Report) shares rose 191.7% on Thursday . The company traded as high as GBX 3.80 ($0.05) and last traded at GBX 3.50 ($0.04). Approximately 104,299,430 shares were traded during trading, an increase of 470% from the average daily volume of 18,292,627 shares. The stock had previously closed at GBX 1.20 ($0.01).

ImmuPharma Trading Up 191.7 %

The stock has a 50 day moving average price of GBX 1.36 and a two-hundred day moving average price of GBX 1.63. The company has a market cap of £14.58 million, a price-to-earnings ratio of -350.00 and a beta of 1.53.

About ImmuPharma

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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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