Medicure (CVE:MPH) Hits New 52-Week Low – Here’s What Happened

Medicure Inc. (CVE:MPHGet Free Report)’s share price reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.82 and last traded at C$0.82, with a volume of 606 shares trading hands. The stock had previously closed at C$0.83.

Medicure Stock Performance

The company has a current ratio of 1.87, a quick ratio of 1.29 and a debt-to-equity ratio of 2.06. The stock has a market capitalization of C$8.35 million, a price-to-earnings ratio of -3.20 and a beta of 0.90. The firm’s fifty day moving average price is C$0.89 and its 200 day moving average price is C$0.95.

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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