Medicure (OTCMKTS:MCUJF) Shares Pass Above 50 Day Moving Average – Should You Sell?

Medicure Inc. (OTCMKTS:MCUJFGet Free Report)’s stock price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $0.99 and traded as high as $1.88. Medicure shares last traded at $1.88, with a volume of 4,900 shares.

Medicure Price Performance

The business’s fifty day moving average is $1.03 and its 200-day moving average is $0.89. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.97 and a quick ratio of 0.64. The firm has a market cap of $19.73 million, a PE ratio of -3.71 and a beta of 1.15.

Medicure (OTCMKTS:MCUJFGet Free Report) last posted its quarterly earnings data on Friday, August 14th. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.05). Medicure had a negative net margin of 23.14% and a negative return on equity of 54.55%. The firm had revenue of $5.36 million during the quarter, compared to analysts’ expectations of $2.45 million.

Medicure Company Profile

(Get Free Report)

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.

Further Reading

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