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ImmuPharma (LON:IMM) Trading 14.1% Higher - Time to Buy?

ImmuPharma logo with Medical background

Key Points

  • ImmuPharma plc saw its stock price rise by 14.1% on Tuesday, closing at GBX 9.20 ($0.12) after trading volumes increased by 264% compared to average session volume.
  • The company's market capitalization stands at £51.97 million, with a PE ratio of -1,168.54 indicating significant losses relative to its earnings.
  • ImmuPharma specializes in developing peptide-based therapeutics for autoimmune diseases, with its leading program being Lupuzor™, a treatment for Lupus.
  • MarketBeat previews the top five stocks to own by October 1st.

ImmuPharma plc (LON:IMM - Get Free Report) traded up 14.1% during trading on Tuesday . The stock traded as high as GBX 9.92 ($0.13) and last traded at GBX 9.20 ($0.12). 27,120,418 shares were traded during mid-day trading, an increase of 264% from the average session volume of 7,445,784 shares. The stock had previously closed at GBX 8.06 ($0.11).

ImmuPharma Price Performance

The company's 50 day moving average price is GBX 2.38 and its 200 day moving average price is GBX 2.70. The firm has a market cap of £51.97 million, a PE ratio of -1,168.54 and a beta of 1.53.

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