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

ImmuPharma logo with Medical background

Key Points

  • ImmuPharma plc's share price surged by 27.3% during trading on Saturday, reaching as high as GBX 12.75 ($0.17) before settling at GBX 12.60 ($0.17).
  • The company's stock reflects a market capitalization of £63.34 million with a P/E ratio of -1,415.73 and is actively traded with 4,543,810 shares changing hands, a notable decrease from its average daily volume.
  • ImmuPharma specializes in peptide-based therapeutics for autoimmune diseases, with its lead program, P140 (Lupuzor™), showing promise in treating Lupus and potentially other related conditions.
  • MarketBeat previews top five stocks to own in November.

ImmuPharma plc (LON:IMM - Get Free Report)'s share price rose 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). Approximately 4,543,810 shares changed hands during trading, a decline of 46% from the average daily volume of 8,432,391 shares. The stock had previously closed at GBX 9.90 ($0.13).

ImmuPharma Stock Performance

The stock has a market capitalization of £63.34 million, a P/E ratio of -1,415.73 and a beta of 1.53. The firm has a 50-day moving average price of GBX 7.92 and a 200 day moving average price of GBX 4.36.

ImmuPharma (LON:IMM - Get Free Report) last announced its quarterly earnings data on Wednesday, August 6th. The company reported GBX (0.38) EPS for the quarter. ImmuPharma had a net margin of 3,519.56% and a negative return on equity of 131.41%. On average, equities analysts anticipate 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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