Medicure (OTCMKTS:MCUJF) Shares Cross Below Two Hundred Day Moving Average – Time to Sell?

Medicure Inc. (OTCMKTS:MCUJFGet Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.63 and traded as low as $0.50. Medicure shares last traded at $0.50, with a volume of 500 shares traded.

Medicure Price Performance

The company has a quick ratio of 1.64, a current ratio of 2.03 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of $5.21 million, a price-to-earnings ratio of -3.57 and a beta of 0.87. The stock’s 50 day moving average price is $0.52 and its two-hundred day moving average price is $0.63.

Medicure Company Profile

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Medicure Inc, a biopharmaceutical company, engages in the research, development, and commercialization of human therapies for the cardiovascular market. 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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