Is Medicure Inc a Buy? The Stock Rises Again

 Is Medicure Inc a Buy? The Stock Rises Again

The stock of Medicure Inc (CVE:MPH) is a huge mover today! About 6,710 shares traded hands. Medicure Inc (CVE:MPH) has risen 6.00% since October 5, 2016 and is uptrending. It has outperformed by 4.91% the S&P500.
The move comes after 5 months positive chart setup for the $89.16M company. It was reported on Nov, 4 by Barchart.com. We have $14.43 PT which if reached, will make CVE:MPH worth $134.63M more.

More notable recent Medicure Inc (CVE:MPH) news were published by: Midasletter.com which released: “S&P/TSX Venture Composite Index Movers: GoldMoney Inc., Medicure Inc …” on February 02, 2016, also Seekingalpha.com with their article: “Undervalued And Underfollowed; Medicure Is My Favorite Pharma Small Cap” published on February 17, 2016, Seekingalpha.com published: “FDA rejects Medicure’s application for expanded use of Aggrastat” on July 08, 2016. More interesting news about Medicure Inc (CVE:MPH) were released by: Prnewswire.com and their article: “Medicure announces ANDA collaboration with Apicore” published on January 06, 2016 as well as Prnewswire.com‘s news article titled: “Medicure Announces Filing of sNDA for New AGGRASTAT® Indication” with publication date: September 10, 2015.

Medicure Inc. is a pharmaceutical firm engaged in the research, clinical development and commercialization of human therapeutics. The company has a market cap of $89.16 million. The Firm operates in the biopharmaceutical industry segment. It has a 41.4 P/E ratio. The Company’s primary operating focus is on the sale and marketing of its acute care cardiovascular drug, AGGRASTAT (tirofiban hydrochloride) owned by its subsidiary, Medicure International, Inc. and distributed in the United States and its territories through the Company’s United States subsidiary, Medicure Pharma, Inc.

MPH.V Company Profile

Medicure Inc. (Medicure), incorporated on February 23, 2000, is a pharmaceutical firm engaged in the research, clinical development and commercialization of human therapeutics. The Firm operates in the biopharmaceutical industry segment. The Company’s primary operating focus is on the sale and marketing of its acute care cardiovascular drug, AGGRASTAT (tirofiban hydrochloride) owned by its subsidiary, Medicure International, Inc. and distributed in the United States and its territories through the Company’s United States subsidiary, Medicure Pharma, Inc. The Firm is also engaged in the development of TARDOXAL for neurological disorders, such as Tardive Dyskinesia (TD).

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