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Innate Pharma (OTCMKTS:IPHYF) Trading Up 12.4% - Here's What Happened

Innate Pharma logo with Medical background

Innate Pharma SA (OTCMKTS:IPHYF - Get Free Report) rose 12.4% during trading on Tuesday . The company traded as high as $1.95 and last traded at $1.95. Approximately 300 shares changed hands during trading, an increase of 500% from the average daily volume of 50 shares. The stock had previously closed at $1.74.

Innate Pharma Trading Up 12.4%

The stock has a 50-day moving average of $1.51 and a 200 day moving average of $2.30.

About Innate Pharma

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Innate Pharma SA, a biotechnology company, develops immunotherapies for cancer patients in France and internationally. The company's products include Lacutamab (IPH4102), an anti-KIR3DL2 antibody, which is in Phase II clinical trials for the treatment of cutaneous T-cell and peripheral T-cell lymphoma, as well as in Phase II clinical trials to treat refractory sézary syndrome; Monalizumab, an immune checkpoint inhibitor that is in Phase III clinical trial to treat advanced solid tumors comprising colorectal and lung cancer, as well as head and neck cancer; IPH5201, a blocking antibody that is in Phase II clinical trials targeting the CD39 immunosuppressive pathway; IPH5301, an anti-CD73 antibody targeting the immunosuppressive adenosine pathway to promote antitumor immunity; IPH6401, an BCMA-targeting NK cell engager; and IPH6101, a NKp46-based NK cell engager that targets CD123 proprietary multi-specific antibody format; and IPH62, an B7-H3-targeting NK cell engager.

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