Medicure (OTCMKTS:MCUJF) Stock Crosses Below Two Hundred Day Moving Average – Should You Sell?

Medicure Inc. (OTCMKTS:MCUJFGet Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.71 and traded as low as $0.53. Medicure shares last traded at $0.53, with a volume of 420 shares changing hands.

Medicure Stock Down 10.8 %

The stock’s 50 day simple moving average is $0.64 and its two-hundred day simple moving average is $0.71. The firm has a market cap of $5.55 million, a P/E ratio of -3.80 and a beta of 1.00. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.03 and a quick ratio of 1.64.

About Medicure

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Medicure Inc, a biopharmaceutical company, engages in the research, development, and commercialization of human therapies for the cardiovascular market. 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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