Medical Facilities Co. (OTCMKTS:MFCSF – Get Free Report)’s share price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $7.34 and traded as high as $8.15. Medical Facilities shares last traded at $8.00, with a volume of 5,721 shares traded.
Medical Facilities Trading Up 3.2 %
The firm’s fifty day moving average is $7.34 and its 200-day moving average is $6.93.
Medical Facilities Cuts Dividend
The firm also recently announced a dividend, which will be paid on Monday, April 15th. Stockholders of record on Thursday, March 28th will be issued a $0.0593 dividend. This represents a dividend yield of 3.06%. The ex-dividend date is Wednesday, March 27th. Medical Facilities’s payout ratio 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.
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