Medicure (CVE:MPH) Reaches New 12-Month Low – Here’s Why

Shares of Medicure Inc. (CVE:MPHGet Free Report) reached a new 52-week low on Monday . The company traded as low as C$0.82 and last traded at C$0.82, with a volume of 1000 shares changing hands. The stock had previously closed at C$0.87.

Medicure Stock Performance

The stock has a market capitalization of C$8.67 million, a P/E ratio of -3.32 and a beta of 0.90. The company has a quick ratio of 1.29, a current ratio of 1.87 and a debt-to-equity ratio of 2.06. The company has a 50-day moving average price of C$0.92 and a two-hundred day moving average price of C$0.99.

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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