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ImmuPharma shares fell 13% after a quarterly loss and negative return on equity, despite developing a lupus drug.
ImmuPharma (LON:IMM) shares dropped around 13% on Monday, closing at GBX 9.05 amid heightened trading volume, following a quarterly loss of GBX 0.38 per share and a negative return on equity of 131.41%.
The company, developing P140 (Lupuzor™) for lupus and autoimmune diseases, faces projected annual losses of about -339.00 per share.
With a market cap of roughly £44 million and a beta of 1.53, the stock remains volatile, trading above its 50-day and 200-day moving averages.
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Las acciones de ImmuPharma cayeron un 13% después de una pérdida trimestral y un rendimiento negativo sobre el capital, a pesar de desarrollar un medicamento para el lupus.