Medical Facilities (OTCMKTS:MFCSF) Share Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Shares of Medical Facilities Co. (OTCMKTS:MFCSFGet Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $10.39 and traded as high as $11.71. Medical Facilities shares last traded at $11.69, with a volume of 3,450 shares trading hands.

Medical Facilities Stock Up 0.8%

The stock’s 50 day moving average is $10.39 and its two-hundred day moving average is $10.82.

Medical Facilities Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, October 15th. Shareholders of record on Wednesday, October 1st were given a dividend of $0.0654 per share. This represents a yield of 245.0%. The ex-dividend date of this dividend was Tuesday, September 30th. Medical Facilities’s dividend payout ratio (DPR) is 110.58%.

About Medical Facilities

(Get Free Report)

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.

Further Reading

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