Medical Facilities (OTCMKTS:MFCSF) Share Price Crosses Above 50-Day Moving Average of $7.71

Medical Facilities Co. (OTCMKTS:MFCSF) shares passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $7.71 and traded as high as $8.27. Medical Facilities shares last traded at $8.27, with a volume of 250 shares changing hands.

Medical Facilities Trading Up 1.2 %

The business has a fifty day moving average price of $7.71 and a 200 day moving average price of $7.09.

Medical Facilities Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 28th were issued a $0.0593 dividend. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a dividend yield of 3.06%. Medical Facilities’s dividend payout ratio (DPR) is currently 110.58%.

About Medical Facilities

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