Medical Facilities (TSE:DR) Hits New 12-Month High at $11.25

Shares of Medical Facilities Co. (TSE:DR - Get Free Report) reached a new 52-week high on Monday . The company traded as high as C$11.25 and last traded at C$11.22, with a volume of 65926 shares trading hands. The stock had previously closed at C$10.86.

Wall Street Analyst Weigh In

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

Medical Facilities Trading Up 2.9 %

The company has a fifty day simple moving average of C$10.32 and a two-hundred day simple moving average of C$9.52. The company has a quick ratio of 1.51, a current ratio of 1.24 and a debt-to-equity ratio of 98.74. The stock has a market capitalization of C$276.37 million, a P/E ratio of 11.18, a price-to-earnings-growth ratio of 3.81 and a beta of 0.59.

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

Medical Facilities Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 28th were issued 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 2.86%. Medical Facilities's dividend payout ratio (DPR) is 32.00%.

About Medical Facilities

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.