Immunomedics Inc. (IMMU) is Trading Lower on Unusual Volume for January 11

Equities Staff |

Immunomedics Inc. (IMMU) experienced unusually high volume on Jan. 11, as the stock lost 10.7% to a closing price of $2.05. The stock saw 1.19 million shares trade hands over the course of the day on 6,058 trades. Given that the stock’s average daily volume over the last month has been 708,869 shares a day, this represents a pretty substantial spike over the norm.

Immunomedics Inc. has a P/B ratio of -10.76. The stock has traded between $5.48 and $1.50 over the last 52-weeks, its 50-day SMA is now $3.02, and its 200-day SMA $3.14.

Immunomedics Inc is a clinical-stage biopharmaceutical company. The Company is engaged in developing monoclonal antibody-based products for the targeted treatment of cancer, autoimmune and other serious diseases.

Headquartered in Morris Plains, NJ, Immunomedics Inc. has 123 employees and is currently under the leadership of CEO Cynthia L. Sullivan.

For a complete fundamental analysis analysis of Immunomedics Inc., check out’s Stock Valuation Analysis report for IMMU. To see the latest independent stock recommendations from’s analysts, visit our Research section.


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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


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