ImmuPharma (LON:IMM) Stock Price Up 12.6% – Still a Buy?

ImmuPharma plc (LON:IMMGet Free Report) rose 12.6% on Monday . The stock traded as high as GBX 6.98 and last traded at GBX 6.98. Approximately 2,726,278 shares were traded during mid-day trading, a decline of 5% from the average daily volume of 2,871,186 shares. The stock had previously closed at GBX 6.20.

ImmuPharma Price Performance

The firm’s fifty day moving average price is GBX 7.91 and its 200-day moving average price is GBX 6.55. The company has a market cap of £36.20 million, a price-to-earnings ratio of -8.09 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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