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Medical Facilities (TSE:DR) Stock Crosses Above Two Hundred Day Moving Average - Here's Why

Medical Facilities logo with Medical background
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Key Points

  • Shares of Medical Facilities Co. (TSE:DR) crossed above their 200-day moving average
  • The company has a market cap of C$299.8M and a P/E of 15.64; it reported C$0.21 EPS for the quarter, analysts forecast roughly C$1.24 EPS for the year, and it shows a strong return on equity of 27.57%.
  • Medical Facilities owns specialty hospitals and ambulatory surgery centers in the U.S., with most revenue coming from facility service income.
  • MarketBeat previews the top five stocks to own by June 1st.

Shares of Medical Facilities Co. (TSE:DR - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$15.80 and traded as high as C$17.10. Medical Facilities shares last traded at C$17.05, with a volume of 19,688 shares traded.

Medical Facilities Price Performance

The company has a market cap of C$299.79 million, a price-to-earnings ratio of 15.64, a PEG ratio of 3.81 and a beta of 0.56. The company has a current ratio of 1.79, a quick ratio of 1.51 and a debt-to-equity ratio of 77.98. The company's 50 day moving average price is C$16.79 and its 200 day moving average price is C$15.80.

Medical Facilities (TSE:DR - Get Free Report) last released its earnings results on Thursday, March 12th. The company reported C$0.21 EPS for the quarter. Medical Facilities had a net margin of 6.83% and a return on equity of 27.57%. The company had revenue of C$7.95 million during the quarter. Equities research analysts forecast that Medical Facilities Co. will post 1.2376837 earnings per share for the current year.

About Medical Facilities

(Get Free Report)

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.

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