Yanick Blanchard Sells 100,000 Shares of Medical Facilities Co. (TSE:DR) Stock

Medical Facilities Co. (TSE:DR) Director Yanick Blanchard sold 100,000 shares of Medical Facilities stock in a transaction on Friday, November 15th. The shares were sold at an average price of C$15.93, for a total value of C$1,593,100.00.

Medical Facilities Stock Performance

TSE DR opened at C$15.73 on Wednesday. The firm’s fifty day moving average price is C$14.28 and its two-hundred day moving average price is C$13.35. The stock has a market cap of C$378.31 million, a PE ratio of 14.49, a PEG ratio of 3.81 and a beta of 0.47. The company has a debt-to-equity ratio of 86.99, a quick ratio of 1.51 and a current ratio of 1.15. Medical Facilities Co. has a fifty-two week low of C$8.31 and a fifty-two week high of C$16.70.

Medical Facilities Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were issued a $0.09 dividend. The ex-dividend date of this dividend was Friday, September 27th. This represents a $0.36 dividend on an annualized basis and a yield of 2.29%. Medical Facilities’s payout ratio is presently 32.73%.

Analyst Ratings Changes

Several brokerages have commented on DR. Royal Bank of Canada boosted their price objective on shares of Medical Facilities from C$13.00 to C$14.00 and gave the company a “sector perform” rating in a research report on Wednesday, August 7th. Leede Jones Gable boosted their price target on Medical Facilities from C$15.00 to C$15.50 and gave the stock a “buy” rating in a report on Wednesday, August 7th. Finally, Leede Financial lowered Medical Facilities from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 7th.

Medical Facilities Company Profile

Medical Facilities Corporation, through its subsidiaries, owns and operates specialty hospitals and ambulatory surgery center in the United States. The company's specialty hospital offers non-emergency surgical, imaging, diagnostic, and pain management procedures, as well as other ancillary services, such as primary and urgent care; and ambulatory surgery centers offers scheduled outpatient surgical procedures.