Medical Facilities (TSE:DR) Shares Pass Above Two Hundred Day Moving Average – Here’s Why

Medical Facilities Co. (TSE:DR) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$17.11 and traded as high as C$17.60. Medical Facilities shares last traded at C$17.36, with a volume of 30,863 shares trading hands.

Medical Facilities Stock Down 6.3%

The stock has a market cap of C$284.31 million, a P/E ratio of 8.35, a price-to-earnings-growth ratio of 3.81 and a beta of 0.49. The company has a current ratio of 2.08, a quick ratio of 1.51 and a debt-to-equity ratio of 59.09. The stock’s 50-day moving average is C$17.90 and its 200-day moving average is C$17.12.

Medical Facilities (TSE:DR) last issued its quarterly earnings results on Thursday, August 6th. The company reported C$0.13 earnings per share for the quarter. Medical Facilities had a net margin of 14.01% and a return on equity of 51.33%. The company had revenue of C$89.62 million during the quarter. As a group, research analysts anticipate that Medical Facilities Co. will post 1.2376837 earnings per share for the current fiscal 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.