Medicure (CVE:MPH) Shares Cross Below 50-Day Moving Average – Time to Sell?

Medicure Inc. (CVE:MPHGet Free Report) shares crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$1.11 and traded as low as C$1.10. Medicure shares last traded at C$1.10, with a volume of 3,100 shares.

Medicure Stock Performance

The company has a market cap of C$11.48 million, a P/E ratio of -8.46 and a beta of 1.07. The company has a quick ratio of 1.29, a current ratio of 2.03 and a debt-to-equity ratio of 4.65. The business has a fifty day simple moving average of C$1.11 and a two-hundred day simple moving average of C$1.04.

Medicure Company Profile

(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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