Medexus Pharmaceuticals (TSE:MDP) Shares Up 0.8% – Still a Buy?

Medexus Pharmaceuticals Inc. (TSE:MDPGet Free Report)’s share price was up 0.8% during mid-day trading on Thursday . The stock traded as high as C$2.66 and last traded at C$2.64. Approximately 67,005 shares changed hands during trading, an increase of 5% from the average daily volume of 63,699 shares. The stock had previously closed at C$2.62.

Medexus Pharmaceuticals Stock Performance

The company has a market capitalization of C$84.62 million, a PE ratio of 261.00 and a beta of 0.71. The company’s 50-day simple moving average is C$2.73 and its 200-day simple moving average is C$2.86.

Medexus Pharmaceuticals Company Profile

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Medexus Pharmaceuticals Inc, formerly Pediapharm Inc is a leading specialty pharmaceutical company with a strong North American commercial platform. It is focused on the therapeutic areas of auto-immune disease and pediatrics. The leading products are Rasuvo and Metoject, a unique formulation of methotrexate to treat rheumatoid arthritis and other auto-immune diseases; and Rupall, an innovative allergy medication with a unique mode of action.

Further Reading

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