Medicure (CVE:MPH) Stock Crosses Above 50 Day Moving Average – Here’s What Happened

Medicure Inc. (CVE:MPHGet Free Report) shares passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$1.16 and traded as high as C$1.34. Medicure shares last traded at C$1.34, with a volume of 100 shares changing hands.

Medicure Trading Down 0.7%

The company has a market capitalization of C$13.98 million, a P/E ratio of -4.06 and a beta of 1.09. The company has a 50-day simple moving average of C$1.16 and a 200 day simple moving average of C$1.14. The company has a debt-to-equity ratio of 4.65, a quick ratio of 1.29 and a current ratio of 2.03.

Medicure Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Medicure Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Medicure and related companies with MarketBeat.com's FREE daily email newsletter.