Medicure (CVE:MPH) Stock Price Crosses Below Fifty Day Moving Average – Time to Sell?

Shares of Medicure Inc. (CVE:MPHGet Free Report) passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$0.86 and traded as low as C$0.72. Medicure shares last traded at C$0.72, with a volume of 7,500 shares changing hands.

Medicure Trading Down 5.3 %

The company has a debt-to-equity ratio of 2.06, a quick ratio of 1.29 and a current ratio of 1.87. The stock has a market capitalization of C$7.52 million, a P/E ratio of -2.88 and a beta of 0.90. The firm’s fifty day simple moving average is C$0.86 and its 200 day simple moving average is C$0.94.

About Medicure

(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.

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