Medical Facilities (TSE:DR) Hits New 12-Month High at $11.19

Medical Facilities Co. (TSE:DR - Get Free Report)'s stock price hit a new 52-week high on Tuesday . The company traded as high as C$11.19 and last traded at C$11.12, with a volume of 30417 shares. The stock had previously closed at C$10.99.

Analysts Set New Price Targets

Separately, Royal Bank of Canada boosted their price target on Medical Facilities from C$11.00 to C$12.00 and gave the stock a "sector perform" rating in a research report on Friday, March 15th.

Medical Facilities Stock Up 1.5 %

The company has a debt-to-equity ratio of 98.74, a current ratio of 1.24 and a quick ratio of 1.51. The stock has a market capitalization of C$275.88 million, a P/E ratio of 11.16, a price-to-earnings-growth ratio of 3.81 and a beta of 0.59. The firm has a 50 day moving average of C$10.05 and a 200-day moving average of C$9.41.

Medical Facilities (TSE:DR - Get Free Report) last posted its quarterly earnings results on Thursday, March 14th. The company reported C$0.53 earnings per share for the quarter. The company had revenue of C$166.47 million for the quarter, compared to the consensus estimate of C$151.52 million. Medical Facilities had a return on equity of 37.77% and a net margin of 4.15%. On average, equities research analysts expect that Medical Facilities Co. will post 1.2912736 earnings per share for the current fiscal year.

Medical Facilities Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 28th were given a $0.08 dividend. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.87%. Medical Facilities's payout ratio is 32.00%.

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.