Medicure (CVE:MPH) Share Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Medicure Inc. (CVE:MPHGet Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$1.22 and traded as high as C$1.23. Medicure shares last traded at C$1.23, with a volume of 200 shares.

Medicure Price Performance

The company has a current ratio of 2.03, a quick ratio of 1.29 and a debt-to-equity ratio of 4.65. The stock has a fifty day simple moving average of C$1.22 and a two-hundred day simple moving average of C$1.16. The company has a market cap of C$12.84 million, a PE ratio of -3.73 and a beta of 0.91.

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. It also offers ZYPITAMAG to treat patients with primary hyperlipidemia or mixed dyslipidemia. In addition, the company is developing Sodium Nitroprusside injection, and Generic ANDA 2 and 3 for acute cardiology; and TARDOCAL, to treat neurological indications.

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