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

Shares of Medical Facilities Co. (TSE:DR) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$15.32 and traded as high as C$17.29. Medical Facilities shares last traded at C$16.85, with a volume of 225,546 shares changing hands.

Medical Facilities Stock Performance

The company has a 50-day moving average of C$16.64 and a 200-day moving average of C$15.37. The company has a market cap of C$273.82 million, a PE ratio of 11.27, a PEG ratio of 3.81 and a beta of 0.47. The company has a quick ratio of 1.51, a current ratio of 1.15 and a debt-to-equity ratio of 126.06.

Insider Buying and Selling at Medical Facilities

In other news, Senior Officer David Nathaniel Tait Watson sold 7,800 shares of the business’s stock in a transaction that occurred on Wednesday, December 18th. The stock was sold at an average price of C$16.31, for a total value of C$127,218.00. Following the transaction, the insider now owns 100 shares in the company, valued at C$1,631. The trade was a 98.73 % decrease in their position. Company insiders own 0.43% of the company’s stock.

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.