Medicure (CVE:MPH) Shares Pass Below 200 Day Moving Average – Here’s What Happened

Medicure Inc. (CVE:MPHGet Free Report)’s stock price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$0.89 and traded as low as C$0.72. Medicure shares last traded at C$0.89, with a volume of 6,996 shares changing hands.

Medicure Stock Up 18.7 %

The company has a market cap of C$9.29 million, a P/E ratio of -4.57 and a beta of 0.90. The company’s 50-day moving average is C$0.80 and its two-hundred day moving average is C$0.88. The company has a debt-to-equity ratio of 4.65, a current ratio of 2.03 and a quick ratio of 1.29.

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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