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ImmuPharma (LON:IMM) Shares Down 10.6% - Here's What Happened

ImmuPharma logo with Medical background

Key Points

  • ImmuPharma plc's shares experienced a significant decline of 10.6%, trading as low as GBX 10.51 ($0.14), and closing at GBX 11.18 ($0.15).
  • The company reported a negative earnings per share of GBX (0.38) and is projected to post an EPS of -339.00 for the current fiscal year.
  • ImmuPharma specializes in peptide-based therapeutics, with its lead program, Lupuzor™, aimed at treating autoimmune diseases such as Lupus.
  • Five stocks to consider instead of ImmuPharma.

Shares of ImmuPharma plc (LON:IMM - Get Free Report) fell 10.6% during mid-day trading on Monday . The stock traded as low as GBX 10.51 ($0.14) and last traded at GBX 11.18 ($0.15). 9,444,195 shares were traded during trading, an increase of 11% from the average session volume of 8,504,196 shares. The stock had previously closed at GBX 12.50 ($0.17).

ImmuPharma Price Performance

The firm has a 50 day simple moving average of GBX 4.28 and a 200-day simple moving average of GBX 3.27. The company has a market cap of £56.23 million, a price-to-earnings ratio of -1,264.38 and a beta of 1.53.

ImmuPharma (LON:IMM - Get Free Report) last issued its quarterly earnings data on Wednesday, August 6th. The company reported GBX (0.38) earnings per share for the quarter. ImmuPharma had a net margin of 3,519.56% and a negative return on equity of 131.41%. Research analysts anticipate that ImmuPharma plc will post -339.0000022 EPS for the current fiscal year.

ImmuPharma Company Profile

(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.

Further Reading

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