ImmuPharma (LON:IMM) Stock Price Up 191.7% – Here’s What Happened

ImmuPharma plc (LON:IMMGet Free Report) was up 191.7% on Thursday . The company traded as high as GBX 3.80 ($0.05) and last traded at GBX 3.50 ($0.04). Approximately 104,299,430 shares traded hands during mid-day trading, an increase of 470% from the average daily volume of 18,292,627 shares. The stock had previously closed at GBX 1.20 ($0.01).

ImmuPharma Trading Up 4.9 %

The firm has a market capitalization of £15.30 million, a P/E ratio of -367.30 and a beta of 1.53. The company has a 50-day moving average of GBX 1.40 and a 200-day moving average of GBX 1.65.

About ImmuPharma

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ImmuPharma plc, a biopharmaceutical company, discovers and develops peptide-based therapeutics. Its peptide-based therapeutics are used in the therapy areas of autoimmunity and inflammation, and anti-infectives. The company's lead product candidate is the Lupuzor, an autophagy immunomodulator, which is in Phase III clinical trial for the treatment of lupus, an autoimmune chronic inflammatory disease.

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