Medicure (CVE:MPH) Hits New 12-Month High – What’s Next?

Medicure Inc. (CVE:MPH – Get Free Report)’s share price reached a new 52-week high during trading on Tuesday. The company traded as high as C$4.95 and last traded at C$4.36, with a volume of 5,760 shares. The stock had previously closed at C$2.98.

Medicure Stock Up 46.3%

The company has a current ratio of 0.97, a quick ratio of 1.28 and a debt-to-equity ratio of 6.02. The firm has a market cap of C$45.50 million, a price-to-earnings ratio of -6.06 and a beta of 0.98. The firm has a 50-day moving average of C$2.21 and a two-hundred day moving average of C$1.53.

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. 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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