Medicure (CVE:MPH) Hits New 52-Week High – Still a Buy?

Shares of Medicure Inc. (CVE:MPHGet Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as C$1.34 and last traded at C$1.27, with a volume of 14300 shares traded. The stock had previously closed at C$1.29.

Medicure Price Performance

The company has a market capitalization of C$11.06 million, a P/E ratio of -8.15 and a beta of 1.09. The company’s 50-day moving average price is C$1.12 and its two-hundred day moving average price is C$1.11. The company has a debt-to-equity ratio of 4.65, a current ratio of 2.03 and a quick ratio of 1.29.

Medicure Company Profile

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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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