Medicure (OTCMKTS:MCUJF) Stock Crosses Below 200-Day Moving Average – Here’s What Happened

Medicure Inc. (OTCMKTS:MCUJFGet Free Report) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.65 and traded as low as $0.54. Medicure shares last traded at $0.54, with a volume of 9,000 shares traded.

Medicure Price Performance

The company’s 50 day moving average price is $0.55 and its 200-day moving average price is $0.65. The company has a market cap of $5.58 million, a price-to-earnings ratio of -3.82 and a beta of 0.98. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.64 and a current ratio of 2.03.

About Medicure

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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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