Medicure (CVE:MPH) Sets New 52-Week Low – Time to Sell?

Medicure Inc. (CVE:MPHGet Free Report) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.67 and last traded at C$0.65, with a volume of 2000 shares. The stock had previously closed at C$0.75.

Medicure Price Performance

The company has a debt-to-equity ratio of 4.65, a quick ratio of 1.29 and a current ratio of 2.03. The business has a fifty day moving average of C$0.82 and a 200-day moving average of C$0.91. The firm has a market capitalization of C$6.78 million, a P/E ratio of -3.34 and a beta of 0.90.

About Medicure

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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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