Medicure (CVE:MPH) Share Price Passes Below 50-Day Moving Average – Should You Sell?

Medicure Inc. (CVE:MPHGet Free Report)’s share price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$0.92 and traded as low as C$0.88. Medicure shares last traded at C$0.88, with a volume of 2,700 shares trading hands.

Medicure Stock Down 1.1 %

The company has a market cap of C$9.08 million, a price-to-earnings ratio of -3.48 and a beta of 0.90. The business has a fifty day moving average of C$0.92 and a two-hundred day moving average of C$0.99. The company has a current ratio of 1.87, a quick ratio of 1.29 and a debt-to-equity ratio of 2.06.

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.

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