Medical Facilities (TSE:DR) Shares Cross Above 200 Day Moving Average – What’s Next?

Medical Facilities Co. (TSE:DR) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$14.97 and traded as high as C$15.61. Medical Facilities shares last traded at C$15.09, with a volume of 18,326 shares.

Medical Facilities Stock Down 1.6%

The company has a debt-to-equity ratio of 126.06, a quick ratio of 1.51 and a current ratio of 1.15. The firm has a 50 day simple moving average of C$15.72 and a two-hundred day simple moving average of C$14.97. The stock has a market cap of C$272.42 million, a P/E ratio of 4.41, a P/E/G ratio of 3.81 and a beta of 0.34.

Medical Facilities (TSE:DR) last released its quarterly earnings results on Thursday, November 6th. The company reported C$0.23 earnings per share (EPS) for the quarter. Medical Facilities had a return on equity of 24.55% and a net margin of 4.43%.The company had revenue of C$82.56 million during the quarter. Equities research analysts predict that Medical Facilities Co. will post 1.2376837 earnings per share for the current 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.