Medical Facilities Corp’s (DR) Outperform Rating Reaffirmed at Royal Bank Of Canada
Separately, Canaccord Genuity lifted their price objective on Medical Facilities Corp from C$22.00 to C$23.00 and gave the company a buy rating in a research report on Wednesday.
Shares of Medical Facilities Corp (TSE:DR) traded up 0.60% during trading on Thursday, hitting $21.76. The stock had a trading volume of 9,711 shares. The stock’s 50 day moving average is $21.00 and its 200-day moving average is $18.76. Medical Facilities Corp has a 12-month low of $12.75 and a 12-month high of $22.66. The company’s market cap is $675.54 million.
The company also recently declared a monthly dividend, which will be paid on Monday, October 17th. Shareholders of record on Monday, October 17th will be given a dividend of $0.0938 per share. This represents a $1.13 dividend on an annualized basis and a yield of 5.20%. The ex-dividend date of this dividend is Wednesday, September 28th.
Medical Facilities Corp Company Profile
Medical Facilities Corporation is a Canada-based company, which owns interests in over six entities (the Centers), approximately five of which either own a specialty surgical hospital (SSH) or an ambulatory surgery center (ASC). The Company’s Centers offer facilities, such as staff, surgical materials and supplies, and other support necessary for scheduled surgical, pain management, imaging and diagnostic procedures.
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