Medicure (OTCMKTS:MCUJF) Share Price Passes Below Two Hundred Day Moving Average – What’s Next?

Medicure Inc. (OTCMKTS:MCUJFGet Free Report)’s stock price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.66 and traded as low as $0.51. Medicure shares last traded at $0.53, with a volume of 3,000 shares trading hands.

Medicure Price Performance

The firm has a market capitalization of $5.48 million, a price-to-earnings ratio of -3.75 and a beta of 0.98. The business’s 50-day moving average is $0.57 and its two-hundred day moving average is $0.66. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.64 and a current ratio of 2.03.

Medicure (OTCMKTS:MCUJFGet Free Report) last announced its quarterly earnings results on Monday, November 25th. The company reported $0.05 earnings per share for the quarter. Medicure had a negative net margin of 9.62% and a negative return on equity of 10.12%.

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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