ImmuPharma (LON:IMM) Shares Up 21.2% – Here’s What Happened

Shares of ImmuPharma plc (LON:IMM – Get Free Report) shot up 21.2% on Friday. The company traded as high as GBX 4.50 and last traded at GBX 4. Approximately 7,844,468 shares traded hands during mid-day trading, an increase of 220% from the average daily volume of 2,450,626 shares. The stock had previously closed at GBX 3.30.

ImmuPharma Stock Up 21.2%

The stock has a market cap of £25.01 million, a P/E ratio of -4.82 and a beta of 3.01. The business has a 50-day simple moving average of GBX 3.64 and a 200-day simple moving average of GBX 4.10.

ImmuPharma (LON:IMM – Get Free Report) last released its quarterly earnings results on Tuesday, September 15th. The company reported GBX (0.84) EPS for the quarter. ImmuPharma had a net margin of 3,519.56% and a negative return on equity of 559.87%. On average, analysts predict that ImmuPharma plc will post -339.0000022 earnings per share for the current fiscal year.

About ImmuPharma

(Get Free Report)

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 (Lupuzor™), 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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