Medicure (CVE:MPH) Share Price Passes Above Fifty Day Moving Average – Here’s Why

Medicure Inc. (CVE:MPHGet Free Report) shares passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.88 and traded as high as C$1.17. Medicure shares last traded at C$1.17, with a volume of 800 shares trading hands.

Medicure Trading Up 17.0%

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 company has a market cap of C$12.21 million, a PE ratio of -6.00 and a beta of 0.90. The stock has a 50 day moving average price of C$0.88 and a 200 day moving average price of C$0.86.

Medicure Company Profile

(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.

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