Medicure (OTCMKTS:MCUJF) Announces Earnings Results

Medicure (OTCMKTS:MCUJF) released its quarterly earnings results on Thursday. The company reported ($0.03) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.01, Zacks reports. The firm had revenue of $5.79 million during the quarter, compared to the consensus estimate of $3.63 million. Medicure had a negative return on equity of 42.01% and a negative net margin of 21.65%.

Medicure Stock Performance

OTCMKTS MCUJF opened at $0.80 on Friday. The company has a market cap of $8.39 million, a PE ratio of -1.71 and a beta of 0.97. The company has a current ratio of 1.02, a quick ratio of 0.77 and a debt-to-equity ratio of 0.03. Medicure has a 12 month low of $0.68 and a 12 month high of $0.97. The stock has a 50 day moving average of $0.83 and a 200-day moving average of $0.84.

Medicure Company Profile

Medicure Pharmaceutical Corp. is a specialty pharmaceutical company focused on the development, manufacturing and commercialization of therapies in the cardiovascular and critical‐care markets. The company advances its business through a combination of in-licensing, acquisitions and strategic partnerships designed to build a diversified portfolio of prescription products that address unmet medical needs.

Headquartered in Montreal, Canada, Medicure operates in North America and selectively in Europe through licensing agreements with regional distributors.