ImmuPharma (LON:IMM) Shares Pass Below 200 Day Moving Average – Here’s What Happened

ImmuPharma plc (LON:IMMGet Free Report)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 7.11 and traded as low as GBX 6.54. ImmuPharma shares last traded at GBX 6.62, with a volume of 1,548,336 shares trading hands.

ImmuPharma Stock Performance

The business’s 50 day simple moving average is GBX 6.65 and its 200-day simple moving average is GBX 7.11. The company has a market cap of £33.36 million, a price-to-earnings ratio of -7.46 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 (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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