Medicure (OTCMKTS:MCUJF) Shares Pass Below 200 Day Moving Average – What’s Next?

Medicure Inc. (OTCMKTS:MCUJFGet Free Report)’s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.74 and traded as low as $0.60. Medicure shares last traded at $0.60, with a volume of 5,000 shares.

Medicure Trading Down 7.8 %

The company has a market cap of $6.21 million, a price-to-earnings ratio of -4.25 and a beta of 0.98. The business has a fifty day simple moving average of $0.66 and a 200 day simple moving average of $0.74. The company has a quick ratio of 1.64, a current ratio of 2.03 and a debt-to-equity ratio of 0.03.

Medicure Company Profile

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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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