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ImmuPharma (LON:IMM) Trading 36.5% Higher - Time to Buy?

ImmuPharma logo with Medical background

Key Points

  • ImmuPharma shares surged by 36.5% in trading due to increased activity, reaching a last traded price of GBX 12 ($0.16) compared to its previous close of GBX 8.79 ($0.12).
  • The company has a market capitalization of £59.97 million and a very high price-to-earnings ratio of -1,348.31, reflecting its current financial challenges.
  • ImmuPharma's portfolio includes the lead program P140 (Lupuzor™), aimed at treating Lupus, with promising preclinical activity against other autoimmune diseases.
  • Interested in ImmuPharma? Here are five stocks we like better.

ImmuPharma plc (LON:IMM - Get Free Report) shares shot up 36.5% during trading on Tuesday . The stock traded as high as GBX 12.50 ($0.17) and last traded at GBX 12 ($0.16). 15,680,309 shares were traded during mid-day trading, an increase of 82% from the average session volume of 8,607,628 shares. The stock had previously closed at GBX 8.79 ($0.12).

ImmuPharma Stock Performance

The business has a 50 day moving average of GBX 5.30 and a two-hundred day moving average of GBX 3.58. The firm has a market capitalization of £59.97 million, a price-to-earnings ratio of -1,348.31 and a beta of 1.53.

ImmuPharma (LON:IMM - Get Free Report) last released 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 predict that ImmuPharma plc will post -339.0000022 EPS 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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