Medical Facilities (TSE:DR) Shares Cross Below 200 Day Moving Average - Here's Why

Medical Facilities Co. (TSE:DR - Get Free Report) shares crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$15.92 and traded as low as C$15.44. Medical Facilities shares last traded at C$15.45, with a volume of 18,235 shares traded.

Medical Facilities Price Performance

The firm's 50 day moving average price is C$15.67 and its two-hundred day moving average price is C$15.92. The stock has a market cap of C$249.25 million, a PE ratio of 10.26, a P/E/G ratio of 3.81 and a beta of 0.47. The company has a debt-to-equity ratio of 126.06, a current ratio of 1.15 and a quick ratio of 1.51.

Medical Facilities Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Monday, June 30th were paid a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 2.35%. 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.