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

Shares of Medical Facilities Co. (TSE:DR) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$16.27 and traded as high as C$17.49. Medical Facilities shares last traded at C$17.23, with a volume of 21,504 shares.

Medical Facilities Trading Up 1.0%

The company has a fifty day simple moving average of C$16.95 and a two-hundred day simple moving average of C$16.27. The company has a quick ratio of 1.51, a current ratio of 2.08 and a debt-to-equity ratio of 59.09. The stock has a market capitalization of C$302.39 million, a P/E ratio of 8.88, a price-to-earnings-growth ratio of 3.81 and a beta of 0.57.

Medical Facilities (TSE:DR) last posted its earnings results on Thursday, May 7th. The company reported C$1.42 earnings per share for the quarter. The firm had revenue of C$93.30 million for the quarter. Medical Facilities had a return on equity of 31.06% and a net margin of 8.51%. On average, sell-side analysts expect that Medical Facilities Co. will post 1.2376837 earnings per share 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.