Medicure (CVE:MPH) Reaches New 12-Month Low – Time to Sell?

Shares of Medicure Inc. (CVE:MPHGet Free Report) hit a new 52-week low during trading on Monday . The company traded as low as C$0.82 and last traded at C$0.82, with a volume of 606 shares. The stock had previously closed at C$0.83.

Medicure Price Performance

The company has a quick ratio of 1.29, a current ratio of 1.87 and a debt-to-equity ratio of 2.06. The firm’s fifty day moving average price is C$0.88 and its two-hundred day moving average price is C$0.94. The stock has a market capitalization of C$7.93 million, a PE ratio of -3.04 and a beta of 0.90.

About Medicure

(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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