Medical Facilities (TSE:DR) Shares Break Below Two Hundred Day Moving Average – What’s Next?

Medical Facilities Co. (TSE:DR) shares crossed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of C$16.70 and traded as low as C$14.55. Medical Facilities shares last traded at C$14.58, with a volume of 20,268 shares trading hands.

Medical Facilities Stock Down 1.2%

The firm has a market capitalization of C$236.71 million, a PE ratio of 7.77, a price-to-earnings-growth ratio of 3.81 and a beta of 0.61. The firm has a 50-day moving average of C$15.19 and a two-hundred day moving average of C$16.69. The company has a current ratio of 2.49, a quick ratio of 1.51 and a debt-to-equity ratio of 58.57.

Medical Facilities (TSE:DR) last announced its quarterly earnings data on Thursday, August 6th. The company reported C$0.13 earnings per share for the quarter. The business had revenue of C$89.62 million during the quarter. Medical Facilities had a net margin of 13.87% and a return on equity of 45.36%. On average, equities research analysts forecast that Medical Facilities Co. will post 1.24 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.