Medicure (CVE:MPH) Shares Pass Above 50 Day Moving Average – Here’s What Happened

Medicure Inc. (CVE:MPHGet Free Report)’s stock price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$1.12 and traded as high as C$1.29. Medicure shares last traded at C$1.29, with a volume of 8,233 shares.

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 company has a 50-day moving average price of C$1.13 and a 200-day moving average price of C$1.11. The firm has a market capitalization of C$14.92 million, a P/E ratio of -11.00 and a beta of 1.09.

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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