ImmuPharma (LON:IMM) Stock Price Passes Below Two Hundred Day Moving Average – Time to Sell?

ImmuPharma plc (LON:IMMGet Free Report)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 6.95 and traded as low as GBX 6.60. ImmuPharma shares last traded at GBX 6.95, with a volume of 1,302,860 shares trading hands.

ImmuPharma Trading Down 3.1%

The company has a market cap of £33.60 million, a price-to-earnings ratio of -7.51 and a beta of 1.53. The business has a fifty day moving average of GBX 7.04 and a two-hundred day moving average of GBX 6.95.

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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