Medical Facilities (TSE:DR) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Shares of Medical Facilities Co. (TSE:DR) crossed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of C$16.86 and traded as low as C$14.90. Medical Facilities shares last traded at C$15.00, with a volume of 34,857 shares changing hands.

Medical Facilities Price Performance

The company has a market capitalization of C$246.28 million, a price-to-earnings ratio of 8.08, a price-to-earnings-growth ratio of 3.81 and a beta of 0.50. The company has a quick ratio of 1.51, a current ratio of 2.49 and a debt-to-equity ratio of 58.57. The company has a 50 day simple moving average of C$15.83 and a 200 day simple moving average of C$16.84.

Medical Facilities (TSE:DR) last released its quarterly earnings data on Thursday, August 6th. The company reported C$0.13 earnings per share for the quarter. Medical Facilities had a return on equity of 45.36% and a net margin of 13.87%.The business had revenue of C$89.62 million for the quarter. As a group, research analysts predict that Medical Facilities Co. will post 1.2376837 EPS for the current year.

About Medical Facilities

Medical Facilities owns a 51% controlling interest, with its physician partners owning the remaining 49% interest, in two highly rated, high-quality specialty surgical hospitals located in Arkansas and South Dakota. The hospitals perform scheduled surgical, imaging, diagnostic and other procedures, including primary and urgent care, and derive their revenue from the fees charged for the use of their facilities.