Medical Facilities (TSE:DR) Shares Cross Above 200 Day Moving Average of $9.28

Shares of Medical Facilities Co. (TSE:DRGet Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$9.28 and traded as high as C$10.51. Medical Facilities shares last traded at C$10.43, with a volume of 29,575 shares changing hands.

Analyst Ratings Changes

Separately, Royal Bank of Canada upped their target price on Medical Facilities from C$11.00 to C$12.00 and gave the company a “sector perform” rating in a report on Friday, March 15th.

Check Out Our Latest Report on DR

Medical Facilities Price Performance

The stock has a market capitalization of C$257.83 million, a P/E ratio of 10.64, a PEG ratio of 3.81 and a beta of 0.56. The business has a fifty day simple moving average of C$9.68 and a 200-day simple moving average of C$9.28. The company has a debt-to-equity ratio of 98.74, a quick ratio of 1.51 and a current ratio of 1.24.

Medical Facilities Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 15th. Shareholders of record on Thursday, March 28th will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 3.07%. The ex-dividend date of this dividend is Wednesday, March 27th. Medical Facilities’s payout ratio is 32.65%.

About Medical Facilities

(Get Free Report)

Medical Facilities Corporation, through its subsidiaries, owns and operates specialty hospitals and ambulatory surgery center in the United States. Its specialty hospital offers non-emergency surgical, imaging, diagnostic, and pain management procedures, as well as other ancillary services, such as urgent care and occupational health; and ambulatory surgery centers offers scheduled outpatient surgical procedures.

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