Medexus Pharmaceuticals (TSE:MDP) Trading Down 0.9% – Here’s Why

Medexus Pharmaceuticals Inc. (TSE:MDPGet Free Report)’s stock price fell 0.9% during trading on Thursday . The company traded as low as C$3.10 and last traded at C$3.16. 34,188 shares traded hands during mid-day trading, a decline of 21% from the average session volume of 43,251 shares. The stock had previously closed at C$3.19.

Medexus Pharmaceuticals Stock Performance

The stock has a fifty day moving average price of C$2.90 and a 200-day moving average price of C$2.84. The firm has a market capitalization of C$102.07 million, a PE ratio of -158.00 and a beta of 0.79.

About Medexus Pharmaceuticals

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Medexus Pharmaceuticals Inc, formerly Pediapharm Inc is a leading specialty pharmaceutical company with a strong North American commercial platform. It is focused on the therapeutic areas of auto-immune disease and pediatrics. The leading products are Rasuvo and Metoject, a unique formulation of methotrexate to treat rheumatoid arthritis and other auto-immune diseases; and Rupall, an innovative allergy medication with a unique mode of action.

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