Medical Facilities (TSE:DR) Stock Price Passes Above 200 Day Moving Average – Here’s What Happened

Medical Facilities Co. (TSE:DR) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$15.23 and traded as high as C$17.11. Medical Facilities shares last traded at C$16.97, with a volume of 34,553 shares traded.

Medical Facilities Stock Up 0.8%

The company has a market capitalization of C$306.36 million, a price-to-earnings ratio of 4.96, a price-to-earnings-growth ratio of 3.81 and a beta of 0.36. The company has a quick ratio of 1.51, a current ratio of 1.79 and a debt-to-equity ratio of 75.58. The business has a 50-day moving average price of C$16.07 and a 200-day moving average price of C$15.23.

Medical Facilities Company Profile

Medical Facilities Corp owns a diverse portfolio of surgical facilities in the United States. Through its wholly-owned subsidiaries, the company owns controlling interests in four specialty hospitals and six ambulatory surgery centers. The hospitals offer a range of non-emergency surgical, imaging, diagnostic and pain management procedures, and other ancillary services. Its key revenue source is from the facility service income. The corporation’s operations are based in the United States.