ImmuPharma (LON:IMM) Stock Passes Below Two Hundred Day Moving Average – Here’s What Happened

ImmuPharma plc (LON:IMMGet Free Report) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 8.24 and traded as low as GBX 6.50. ImmuPharma shares last traded at GBX 6.50, with a volume of 837,072 shares.

ImmuPharma Price Performance

The firm has a market cap of £32.68 million, a P/E ratio of -7.30 and a beta of 3.02. The firm’s 50-day moving average price is GBX 7.13 and its 200 day moving average price is GBX 8.24.

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.

Further Reading

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