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

Medicure Inc. (CVE:MPHGet Free Report) shares reached a new 52-week low during trading on Tuesday . The stock traded as low as C$0.82 and last traded at C$0.82, with a volume of 500 shares changing hands. The stock had previously closed at C$0.83.

Medicure Price Performance

The company has a market capitalization of C$8.56 million, a price-to-earnings ratio of -3.28 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. The company has a 50 day moving average price of C$0.90 and a 200 day moving average price of C$0.97.

Medicure Company Profile

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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.

Further Reading

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