Medicure (OTCMKTS:MCUJF) Stock Passes Below 200-Day Moving Average – Time to Sell?

Shares of Medicure Inc. (OTCMKTS:MCUJFGet Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.71 and traded as low as $0.53. Medicure shares last traded at $0.53, with a volume of 420 shares changing hands.

Medicure Stock Performance

The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.64 and a current ratio of 2.03. The company has a market cap of $5.55 million, a PE ratio of -3.80 and a beta of 1.00. The business’s 50-day moving average is $0.64 and its 200 day moving average is $0.71.

About Medicure

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Medicure Inc, a biopharmaceutical company, engages in the research, development, and commercialization of human therapies for the cardiovascular market. 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.

Further Reading

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