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ImmuPharma (LON:IMM) Trading 27.3% Higher - Still a Buy?

ImmuPharma logo with Medical background

Key Points

  • ImmuPharma's stock surged 27.3% during mid-day trading, reaching GBX 12.60 ($0.17) on Friday, despite a drop in trading volume by 46% compared to its average.
  • The company reported a negative earnings per share of GBX (0.38) for the last quarter and anticipates a projected EPS of -339.00 for the current year.
  • ImmuPharma is focused on developing peptide-based therapeutics for autoimmune diseases, with its lead program, P140 (Lupuzor™), targeting the treatment of Lupus.
  • Five stocks we like better than ImmuPharma.

ImmuPharma plc (LON:IMM - Get Free Report)'s stock price traded up 27.3% during mid-day trading on Friday . The stock traded as high as GBX 12.75 ($0.17) and last traded at GBX 12.60 ($0.17). 4,543,810 shares changed hands during 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 Price Performance

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

ImmuPharma (LON:IMM - Get Free Report) last posted its quarterly earnings data 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%. Research analysts anticipate that ImmuPharma plc will post -339.0000022 EPS for the current 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.

Further Reading

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