Medical Facilities (TSE:DR) Stock Price Passes Below 200-Day Moving Average - Here's Why

Shares of Medical Facilities Co. (TSE:DR - Get Free Report) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$15.90 and traded as low as C$15.59. Medical Facilities shares last traded at C$15.80, with a volume of 39,567 shares traded.

Medical Facilities Stock Up 1.1%

The company has a market capitalization of C$271.87 million, a PE ratio of 11.19, a P/E/G ratio of 3.81 and a beta of 0.47. The stock has a 50-day moving average of C$15.46 and a 200 day moving average of C$15.90. The company has a quick ratio of 1.51, a current ratio of 1.15 and a debt-to-equity ratio of 126.06.

Medical Facilities Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be paid a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 2.15%. Medical Facilities's dividend payout ratio is currently 24.10%.

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.