Medicure (OTCMKTS:MCUJF) Stock Price Passes Below 200 Day Moving Average – Here’s What Happened

Medicure Inc. (OTCMKTS:MCUJFGet Free Report) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-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 Price Performance

The company has a current ratio of 2.03, a quick ratio of 1.64 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of $6.21 million, a PE ratio of -4.25 and a beta of 0.98. The firm has a 50-day moving average of $0.66 and a two-hundred day moving average of $0.73.

About Medicure

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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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