Free Trial

Prima BioMed (NASDAQ:IMMP) Downgraded by Wall Street Zen to "Sell"

Immutep logo with Medical background

Prima BioMed (NASDAQ:IMMP - Get Free Report) was downgraded by investment analysts at Wall Street Zen from a "hold" rating to a "sell" rating in a report released on Saturday.

Prima BioMed Trading Down 2.9%

Prima BioMed stock traded down $0.05 during midday trading on Friday, reaching $1.66. The company had a trading volume of 68,572 shares, compared to its average volume of 207,959. The firm's fifty day simple moving average is $1.79 and its 200-day simple moving average is $1.88. Prima BioMed has a 12-month low of $1.32 and a 12-month high of $2.80.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Jane Street Group LLC lifted its stake in Prima BioMed by 14.7% in the 1st quarter. Jane Street Group LLC now owns 51,574 shares of the biotechnology company's stock worth $91,000 after purchasing an additional 6,617 shares in the last quarter. OLD Mission Capital LLC purchased a new stake in shares of Prima BioMed during the 4th quarter valued at approximately $36,000. Two Sigma Securities LLC purchased a new stake in shares of Prima BioMed during the 4th quarter valued at approximately $74,000. Finally, ABC Arbitrage SA purchased a new stake in shares of Prima BioMed during the 4th quarter valued at approximately $152,000. 2.32% of the stock is owned by hedge funds and other institutional investors.

Prima BioMed Company Profile

(Get Free Report)

Immutep Limited, a clinical-stage biotechnology company, engages in developing novel LAG-3 Immunotherapy for cancer and autoimmune diseases. The company is involved in advancing therapeutics related to Lymphocyte Activation Gene-3 (LAG-3), a cell surface molecule that plays a vital role in regulating the immune system.

See Also

Should You Invest $1,000 in Prima BioMed Right Now?

Before you consider Prima BioMed, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Prima BioMed wasn't on the list.

While Prima BioMed currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for July 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Cheap Growth Stocks Set to Explode This Summer
The Next NVIDIA? Quantum Computing Stocks Set for Explosive Growth
5 Stocks to BUY NOW in July 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines