Medical Developments International (ASX:MVP) Shares Up 4.9%

Medical Developments International Ltd (ASX:MVP)’s share price shot up 4.9% during mid-day trading on Monday . The company traded as high as A$6.05 ($4.29) and last traded at A$6.05 ($4.29), 132,578 shares changed hands during mid-day trading. The stock had previously closed at A$5.77 ($4.09).

The stock has a 50 day moving average of A$5.41 and a 200-day moving average of A$5.34. The firm has a market capitalization of $391.68 million and a P/E ratio of 373.13. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.81 and a current ratio of 4.21.

Medical Developments International Company Profile (ASX:MVP)

Medical Developments International Limited manufactures and distributes pharmaceutical drugs, and medical and veterinary equipment in Australia and internationally. The company operates in three segments: Pharmaceuticals, Medical Devices, and Veterinary Products. It offers asthma and COPD pressurized metered dose inhalers, as well as masks and peak flow meters for asthma management; Penthrox, a prescription only medicine for acute pain; medical devices; and various veterinary anesthetic machines to veterinarians.

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