Medical Facilities (TSE:DR) Shares Cross Above 200-Day Moving Average – Here’s What Happened

Medical Facilities Co. (TSE:DR) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$15.52 and traded as high as C$16.79. Medical Facilities shares last traded at C$16.68, with a volume of 25,057 shares changing hands.

Medical Facilities Trading Up 1.9%

The company has a debt-to-equity ratio of 77.98, a quick ratio of 1.51 and a current ratio of 1.79. The firm has a market capitalization of C$298.05 million, a price-to-earnings ratio of 15.30, a P/E/G ratio of 3.81 and a beta of 0.61. The company has a 50 day moving average price of C$16.45 and a two-hundred day moving average price of C$15.52.

Medical Facilities (TSE:DR) last announced its earnings results on Thursday, March 12th. The company reported C$0.21 earnings per share (EPS) for the quarter. Medical Facilities had a return on equity of 27.57% and a net margin of 6.83%.The firm had revenue of C$7.95 million for the quarter. On average, research analysts forecast that Medical Facilities Co. will post 1.2376837 EPS for the current year.

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.