Medexus Pharmaceuticals Inc. (TSE:MDP - Get Free Report) shares dropped 2.9% during trading on Monday . The stock traded as low as C$2.69 and last traded at C$2.69. Approximately 78,544 shares were traded during trading, an increase of 13% from the average daily volume of 69,555 shares. The stock had previously closed at C$2.77.
Wall Street Analyst Weigh In
Separately, Alliance Global Partners raised shares of Medexus Pharmaceuticals to a "strong-buy" rating in a report on Monday, August 11th. Four analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Buy" and an average target price of C$4.57.
Check Out Our Latest Stock Report on Medexus Pharmaceuticals
Medexus Pharmaceuticals Price Performance
The company has a market capitalization of C$86.77 million, a PE ratio of 134.50 and a beta of 2.55. The company's fifty day moving average is C$2.89 and its 200-day moving average is C$2.79.
Medexus Pharmaceuticals Company Profile
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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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