Medicure (OTCMKTS:MCUJF) Shares Cross Below Two Hundred Day Moving Average – Here’s What Happened

Medicure Inc. (OTCMKTS:MCUJFGet Free Report)’s share price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $0.83 and traded as low as $0.8211. Medicure shares last traded at $0.8211, with a volume of 333 shares changing hands.

Medicure Stock Performance

The company has a market cap of $8.57 million, a PE ratio of -3.42 and a beta of 1.06. The business’s 50-day moving average is $0.85 and its 200 day moving average is $0.83. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.00 and a current ratio of 1.44.

Medicure Company Profile

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Medicure Pharmaceutical Corp. is a specialty pharmaceutical company focused on the development, manufacturing and commercialization of therapies in the cardiovascular and critical‐care markets. The company advances its business through a combination of in-licensing, acquisitions and strategic partnerships designed to build a diversified portfolio of prescription products that address unmet medical needs.

Headquartered in Montreal, Canada, Medicure operates in North America and selectively in Europe through licensing agreements with regional distributors.

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