Medicure (OTCMKTS:MCUJF) Share Price Crosses Below 200-Day Moving Average – Should You Sell?

Medicure Inc. (OTCMKTS:MCUJFGet Free Report) shares crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $0.59 and traded as low as $0.54. Medicure shares last traded at $0.54, with a volume of 2,750 shares changing hands.

Medicure Trading Up 23.9 %

The firm has a market cap of $5.64 million, a PE ratio of -3.86 and a beta of 0.64. The firm has a fifty day simple moving average of $0.50 and a two-hundred day simple moving average of $0.59. The company has a current ratio of 2.03, a quick ratio of 1.64 and a debt-to-equity ratio of 0.03.

About Medicure

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Medicure Inc, a biopharmaceutical company, engages in the research, development, and commercialization of human therapies for the cardiovascular market. 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.

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