ImmuPharma (LON:IMM) Shares Up 27.3% - Here's What Happened

Key Points

• ImmuPharma's stock price surged 27.3% during trading, reaching GBX 12.75 ($0.17) after previously closing at GBX 9.90 ($0.13).
• The company reported a net margin of 3,519.56% and a negative return on equity of 131.41%.
• ImmuPharma specializes in peptide-based therapeutics, with a focus on autoimmune diseases, including its lead program for Lupus treatment.

ImmuPharma plc (LON:IMM - Get Free Report)'s stock price shot up 27.3% during trading on Saturday . The stock traded as high as GBX 12.75 ($0.17) and last traded at GBX 12.60 ($0.17). 4,543,810 shares were traded during mid-day trading, a decline of 46% from the average session volume of 8,432,391 shares. The stock had previously closed at GBX 9.90 ($0.13).

ImmuPharma Stock Performance

The company has a market capitalization of £63.34 million, a P/E ratio of -1,415.73 and a beta of 1.53. The firm's fifty day moving average is GBX 7.92 and its 200-day moving average is GBX 4.36.

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

ImmuPharma Company Profile

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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