ImmuPharma (LON:IMM) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?

ImmuPharma plc (LON:IMMGet Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 5.99 and traded as low as GBX 5.72. ImmuPharma shares last traded at GBX 6, with a volume of 4,228,961 shares changing hands.

ImmuPharma Stock Performance

The stock’s fifty day simple moving average is GBX 10.11 and its 200-day simple moving average is GBX 5.99. The stock has a market cap of £30.16 million, a P/E ratio of -6.74 and a beta of 1.53.

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 (Lupuzorâ„¢), 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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