Medical Facilities (TSE:DR) Share Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

Medical Facilities Co. (TSE:DR)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$15.32 and traded as high as C$16.68. Medical Facilities shares last traded at C$16.60, with a volume of 84,951 shares trading hands.

Medical Facilities Stock Down 4.7%

The stock has a market capitalization of C$299.68 million, a price-to-earnings ratio of 4.85, a price-to-earnings-growth ratio of 3.81 and a beta of 0.61. The firm has a 50-day moving average of C$16.24 and a 200 day moving average of C$15.32. The company has a current ratio of 1.79, a quick ratio of 1.51 and a debt-to-equity ratio of 75.58.

Medical Facilities (TSE:DR) last issued its quarterly earnings data on Thursday, March 12th. The company reported C$0.21 earnings per share (EPS) for the quarter. Medical Facilities had a net margin of 31.60% and a return on equity of 89.16%. The company had revenue of C$7.95 million during the quarter. On average, sell-side analysts anticipate that Medical Facilities Co. will post 1.2376837 earnings per share for the current year.

About Medical Facilities

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.