ImmuPharma (LON:IMM) Stock Price Passes Below 200-Day Moving Average – Time to Sell?

ImmuPharma plc (LON:IMMGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 6.20 and traded as low as GBX 5.50. ImmuPharma shares last traded at GBX 5.98, with a volume of 2,825,704 shares changing hands.

ImmuPharma Stock Down 0.7%

The company has a market capitalization of £29.86 million, a P/E ratio of -6.67 and a beta of 1.53. The firm has a fifty day simple moving average of GBX 9.40 and a 200-day simple moving average of GBX 6.20.

ImmuPharma Company Profile

(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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