Medicure (CVE:MPH) Hits New 12-Month High – What’s Next?

Medicure Inc. (CVE:MPH – Get Free Report) shares hit a new 52-week high during mid-day trading on Monday. The company traded as high as C$2.92 and last traded at C$2.93, with a volume of 705 shares trading hands. The stock had previously closed at C$2.88.

Medicure Trading Up 0.3%

The company has a quick ratio of 1.28, a current ratio of 0.97 and a debt-to-equity ratio of 6.02. The business’s fifty day moving average is C$2.00 and its 200 day moving average is C$1.44. The stock has a market cap of C$30.58 million, a PE ratio of -4.07 and a beta of 0.98.

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. It also offers ZYPITAMAG to treat patients with primary hyperlipidemia or mixed dyslipidemia. In addition, the company is developing Sodium Nitroprusside injection, and Generic ANDA 2 and 3 for acute cardiology; and TARDOCAL, to treat neurological indications.

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