Medicure (OTCMKTS:MCUJF) Shares Pass Above 50-Day Moving Average – Here’s Why
by Doug Wharley · The Cerbat GemMedicure Inc. (OTCMKTS:MCUJF – Get Free Report) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $0.85 and traded as high as $0.8848. Medicure shares last traded at $0.8848, with a volume of 100 shares traded.
Medicure Stock Down 8.3%
The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.00 and a current ratio of 1.44. The business has a 50 day simple moving average of $0.85 and a 200-day simple moving average of $0.83. The firm has a market capitalization of $8.35 million, a price-to-earnings ratio of -3.33 and a beta of 1.10.
Medicure (OTCMKTS:MCUJF – Get Free Report) last announced its quarterly earnings data on Wednesday, November 19th. The company reported ($0.09) earnings per share (EPS) for the quarter. Medicure had a negative net margin of 13.10% and a negative return on equity of 17.91%. The firm had revenue of $5.93 million during the quarter.
About Medicure
Medicure Pharmaceutical Corp. is a specialty pharmaceutical company focused on the development, manufacturing and commercialization of therapies in the cardiovascular and critical‐care markets. The company advances its business through a combination of in-licensing, acquisitions and strategic partnerships designed to build a diversified portfolio of prescription products that address unmet medical needs.
Headquartered in Montreal, Canada, Medicure operates in North America and selectively in Europe through licensing agreements with regional distributors.