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Medexus Pharmaceuticals (TSE:MDP) Upgraded by Alliance Global Partners to "Strong-Buy" Rating

Medexus Pharmaceuticals logo with Medical background

Key Points

  • Medexus Pharmaceuticals received a "strong-buy" rating upgrade from Alliance Global Partners, indicating increased confidence in the stock's potential value.
  • The stock's current price is C$2.75, with a market capitalization of C$61.57 million and a P/E ratio of 13.15.
  • Medexus focuses on treatments for auto-immune diseases and pediatrics, with key products including Rasuvo and Metoject.
  • MarketBeat previews top five stocks to own in October.

Medexus Pharmaceuticals (TSE:MDP - Get Free Report) was upgraded by research analysts at Alliance Global Partners to a "strong-buy" rating in a report released on Monday,Zacks.com reports.

Medexus Pharmaceuticals Price Performance

TSE:MDP traded up C$0.20 on Monday, reaching C$2.95. The stock had a trading volume of 45,719 shares, compared to its average volume of 73,306. The company has a market cap of C$66.05 million, a price-to-earnings ratio of 14.11 and a beta of 1.96. The firm's fifty day moving average is C$2.92 and its two-hundred day moving average is C$2.80. Medexus Pharmaceuticals has a 12-month low of C$1.71 and a 12-month high of C$5.56.

About Medexus Pharmaceuticals

(Get Free Report)

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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Analyst Recommendations for Medexus Pharmaceuticals (TSE:MDP)

Should You Invest $1,000 in Medexus Pharmaceuticals Right Now?

Before you consider Medexus Pharmaceuticals, you'll want to hear this.

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While Medexus Pharmaceuticals currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

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