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ImmuPharma (LON:IMM) Stock Price Up 34.1% - Here's What Happened

ImmuPharma logo with Medical background

Key Points

  • ImmuPharma's stock price surged 34.1% on Tuesday, reaching a high of GBX 11.50 ($0.16) amid a trading volume increase of 656% compared to the average.
  • The company has a market capitalization of £54.02 million and a notably high P/E ratio of -1,214.61, indicating current financial challenges.
  • ImmuPharma is focused on developing peptide-based therapeutics for autoimmune diseases, with its lead program Lupuzor™ showing promise as an innovative treatment for Lupus.
  • Five stocks we like better than ImmuPharma.

ImmuPharma plc (LON:IMM - Get Free Report)'s share price was up 34.1% on Tuesday . The stock traded as high as GBX 11.50 ($0.16) and last traded at GBX 10.81 ($0.15). Approximately 57,593,953 shares changed hands during mid-day trading, an increase of 656% from the average daily volume of 7,620,919 shares. The stock had previously closed at GBX 8.06 ($0.11).

ImmuPharma Stock Performance

The company has a market cap of £54.02 million, a P/E ratio of -1,214.61 and a beta of 1.53. The firm's fifty day moving average is GBX 2.38 and its two-hundred day moving average is GBX 2.70.

ImmuPharma (LON:IMM - Get Free Report) last issued its 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%. On average, equities research analysts expect that ImmuPharma plc will post -339.0000022 EPS for the current 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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