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

ImmuPharma logo with Medical background

Key Points

  • ImmuPharma's shares surged 27.3% on Monday, reaching a high of GBX 19.35 ($0.26) and closing at GBX 17.80 ($0.24).
  • The trading volume increased by 438% from the average daily volume, with nearly 44.8 million shares traded during the session.
  • Despite a negative earnings per share of GBX (0.38), the company is focused on developing peptide-based therapeutics for autoimmune diseases.
  • MarketBeat previews the top five stocks to own by October 1st.

ImmuPharma plc (LON:IMM - Get Free Report) shares rose 27.3% on Monday . The company traded as high as GBX 19.35 ($0.26) and last traded at GBX 17.80 ($0.24). Approximately 44,835,539 shares were traded during mid-day trading, an increase of 438% from the average daily volume of 8,330,090 shares. The stock had previously closed at GBX 13.98 ($0.19).

ImmuPharma Stock Performance

The stock has a 50 day moving average of GBX 3.12 and a two-hundred day moving average of GBX 2.91. The stock has a market cap of £87.51 million, a PE ratio of -1,967.53 and a beta of 1.53.

ImmuPharma (LON:IMM - Get Free Report) last issued its quarterly earnings results on Wednesday, August 6th. The company reported GBX (0.38) earnings per share for the quarter. ImmuPharma had a negative return on equity of 131.41% and a net margin of 3,519.56%. Analysts expect 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.

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