Medical Facilities (TSE:DR) Stock Price Crosses Above 200 Day Moving Average – What’s Next?

Medical Facilities Co. (TSE:DR)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$14.20 and traded as high as C$15.65. Medical Facilities shares last traded at C$15.41, with a volume of 21,234 shares.

Wall Street Analyst Weigh In

Separately, Leede Financial cut Medical Facilities from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 7th.

Medical Facilities Price Performance

The company has a debt-to-equity ratio of 86.99, a current ratio of 1.15 and a quick ratio of 1.51. The business’s fifty day moving average price is C$15.43 and its 200-day moving average price is C$14.21. The stock has a market capitalization of C$370.61 million, a price-to-earnings ratio of 14.01, a PEG ratio of 3.81 and a beta of 0.47.

Insider Buying and Selling at Medical Facilities

In other Medical Facilities news, Senior Officer David Nathaniel Tait Watson sold 7,800 shares of the firm’s stock in a transaction on Wednesday, December 18th. The stock was sold at an average price of C$16.31, for a total transaction of C$127,218.00. Following the transaction, the insider now directly owns 100 shares in the company, valued at approximately C$1,631. This trade represents a 98.73 % decrease in their position. Also, Director Yanick Blanchard sold 100,000 shares of the company’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of C$15.93, for a total transaction of C$1,593,100.00. Company insiders own 0.43% of the company’s stock.

About Medical Facilities

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.