Medicure Inc. (CVE:MPH – Get Free Report) shares crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$1.21 and traded as low as C$1.14. Medicure shares last traded at C$1.25, with a volume of 766 shares traded.
Medicure Price Performance
The firm has a market cap of C$13.05 million, a P/E ratio of -3.79 and a beta of 1.02. The company has a debt-to-equity ratio of 4.65, a current ratio of 2.03 and a quick ratio of 1.29. The stock’s 50-day simple moving average is C$1.21 and its two-hundred day simple moving average is C$1.17.
About Medicure
Medicure Inc, a biopharmaceutical company, engages in the research, development, and commercialization of human therapies in the United States. The company markets and distributes AGGRASTAT injection, a glycoprotein GP IIb/IIIa receptor antagonist for the treatment of acute coronary syndrome, including unstable angina and non-Q-wave myocardial infarction. It also offers ZYPITAMAG to treat patients with primary hyperlipidemia or mixed dyslipidemia. In addition, the company is developing Sodium Nitroprusside injection, and Generic ANDA 2 and 3 for acute cardiology; and TARDOCAL, to treat neurological indications.
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