ImmunoVaccine (IMV) Trading 3.5% Higher After Insider Buying Activity

ImmunoVaccine Inc. (TSE:IMV) traded up 3.5% during mid-day trading on Monday following insider buying activity. The company traded as high as C$2.06 and last traded at C$2.05. 119,697 shares traded hands during trading, a decline of 28% from the average session volume of 167,025 shares. The stock had previously closed at C$1.98.

Specifically, Director Alfred Smithers bought 33,600 shares of the company’s stock in a transaction on Wednesday, January 24th. The shares were bought at an average cost of C$2.09 per share, for a total transaction of C$70,224.00.

The company has a market cap of $260.51, a price-to-earnings ratio of -22.56 and a beta of 0.53.

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ImmunoVaccine Company Profile

Immunovaccine Inc, a clinical stage biopharmaceutical company, develops cancer immunotherapies and infectious disease vaccines based on its DepoVax platform. The company's DepoVax platform is a patented formulation that provides controlled and prolonged exposure of antigens and adjuvant to the immune system.

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