Medical Facilities (OTCMKTS:MFCSF) Stock Crosses Above Fifty Day Moving Average – Should You Sell?

Medical Facilities Co. (OTCMKTS:MFCSF) shares crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $11.29 and traded as high as $12.22. Medical Facilities shares last traded at $12.13, with a volume of 8,869 shares trading hands.

Medical Facilities Stock Up 1.6 %

The firm’s 50 day simple moving average is $11.29 and its 200 day simple moving average is $10.77.

Medical Facilities Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 1st were paid a $0.0628 dividend. This represents a yield of 2.34%. The ex-dividend date of this dividend was Tuesday, December 31st. Medical Facilities’s payout ratio is currently 110.58%.

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.