Medicure (CVE:MPH) Hits New 1-Year Low – Here’s What Happened

Shares of Medicure Inc. (CVE:MPHGet Free Report) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.88 and last traded at C$0.88, with a volume of 3066 shares changing hands. The stock had previously closed at C$0.91.

Medicure Stock Performance

The company has a 50-day moving average of C$0.99 and a 200-day moving average of C$1.05. The firm has a market capitalization of C$9.19 million, a price-to-earnings ratio of -3.52 and a beta of 0.90. The company has a current ratio of 1.87, a quick ratio of 1.29 and a debt-to-equity ratio of 2.06.

Medicure (CVE:MPHGet Free Report) last issued its earnings results on Wednesday, August 14th. The company reported C($0.12) earnings per share for the quarter. Medicure had a negative return on equity of 12.90% and a negative net margin of 12.56%. The business had revenue of C$5.17 million for the quarter. On average, equities research analysts forecast that Medicure Inc. will post 0.0682493 earnings per share for the current fiscal year.

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.

See Also

Receive News & Ratings for Medicure Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Medicure and related companies with MarketBeat.com's FREE daily email newsletter.