Medical Facilities Corp (TSE:DR) Director Marilynne Day-Linton bought 2,500 shares of Medical Facilities Corp stock in a transaction on Wednesday, June 14th. The shares were bought at an average cost of C$15.32 per share, with a total value of C$38,300.00.
Shares of Medical Facilities Corp (DR) traded up 1.32% during mid-day trading on Friday, hitting $14.59. The stock had a trading volume of 127,188 shares. The stock’s 50-day moving average is $16.26 and its 200 day moving average is $17.69. The company has a market cap of $452.95 million and a PE ratio of 31.72. Medical Facilities Corp has a 12 month low of $14.23 and a 12 month high of $23.44.
The firm also recently announced a monthly dividend, which was paid on Thursday, June 15th. Investors of record on Thursday, June 15th were given a dividend of $0.0938 per share. This represents a $1.13 annualized dividend and a dividend yield of 7.71%. The ex-dividend date of this dividend was Monday, May 29th.
A number of research analysts have weighed in on DR shares. TD Securities reduced their target price on Medical Facilities Corp from C$23.00 to C$21.00 in a report on Wednesday. National Bank Financial reduced their target price on Medical Facilities Corp from C$18.00 to C$16.50 in a report on Tuesday. CIBC lowered Medical Facilities Corp from an “outperform” rating to a “neutral” rating and reduced their target price for the company from C$24.00 to C$18.25 in a report on Wednesday. Finally, Royal Bank of Canada reduced their target price on Medical Facilities Corp from C$23.00 to C$20.00 and set an “outperform” rating for the company in a report on Thursday, April 6th.
Medical Facilities Corp Company Profile
Medical Facilities Corporation is a Canada-based company, which owns interests in over six entities (the Centers), approximately five of which either own a specialty surgical hospital (SSH) or an ambulatory surgery center (ASC). The Company’s Centers offer facilities, such as staff, surgical materials and supplies, and other support necessary for scheduled surgical, pain management, imaging and diagnostic procedures.
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