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

Medical Facilities Co. (TSE:DR) passed above its fifty day moving average during trading on Monday . The stock has a fifty 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 Up 0.3%

The company has a current ratio of 2.08, a quick ratio of 1.51 and a debt-to-equity ratio of 59.09. The business has a fifty day simple moving average of C$17.43 and a two-hundred day simple moving average of C$16.65. The company has a market cap of C$318.53 million, a PE ratio of 9.36, a price-to-earnings-growth ratio of 3.81 and a beta of 0.50.

Medical Facilities (TSE:DR) last released its earnings results on Thursday, May 7th. The company reported C$1.42 earnings per share (EPS) for the quarter. The business had revenue of C$93.30 million during the quarter. Medical Facilities had a net margin of 8.51% and a return on equity of 31.06%. As a group, equities research analysts predict that Medical Facilities Co. will post 1.2376837 earnings per share 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.