Medicure (CVE:MPH) Hits New 12-Month High – Should You Buy?

Medicure Inc. (CVE:MPHGet Free Report) hit a new 52-week high on Monday . The stock traded as high as C$1.26 and last traded at C$1.26, with a volume of 5400 shares changing hands. The stock had previously closed at C$1.18.

Medicure Trading Up 6.8%

The business’s 50 day simple moving average is C$0.96 and its 200-day simple moving average is C$0.87. The company has a debt-to-equity ratio of 4.65, a current ratio of 2.03 and a quick ratio of 1.29. The stock has a market capitalization of C$13.15 million, a P/E ratio of -6.46 and a beta of 0.90.

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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