Medical Facilities (TSE:DR) Stock Passes Above 50 Day Moving Average – Here’s What Happened

Medical Facilities Co. (TSE:DR) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$17.39 and traded as high as C$18.09. Medical Facilities shares last traded at C$18.05, with a volume of 15,319 shares trading hands.

Medical Facilities Stock Performance

The stock has a market cap of C$316.78 million, a price-to-earnings ratio of 9.30, a PEG ratio of 3.81 and a beta of 0.50. The company has a debt-to-equity ratio of 59.09, a current ratio of 2.08 and a quick ratio of 1.51. The firm has a fifty day moving average of C$17.39 and a 200 day moving average of C$16.62.

Medical Facilities (TSE:DR) last released its quarterly earnings data on Thursday, May 7th. The company reported C$1.42 earnings per share for the quarter. The company had revenue of C$93.30 million for the quarter. Medical Facilities had a return on equity of 31.06% and a net margin of 8.51%. As a group, sell-side analysts forecast that Medical Facilities Co. will post 1.2376837 EPS for the current year.

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. Its key revenue source is from the facility service income. The corporation’s operations are based in the United States.