Medical Facilities (TSE:DR) Sets New 1-Year High - Time to Buy?

Medical Facilities Co. (TSE:DR - Get Free Report)'s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as C$17.05 and last traded at C$16.96, with a volume of 52466 shares changing hands. The stock had previously closed at C$16.90.

Analyst Ratings Changes

Separately, Leede Financial cut shares of Medical Facilities from a "strong-buy" rating to a "hold" rating in a research report on Thursday, November 7th.

Medical Facilities Stock Up 1.6 %

The business has a 50 day moving average of C$16.04 and a two-hundred day moving average of C$14.93. The stock has a market capitalization of C$277.40 million, a PE ratio of 11.41, a PEG ratio of 3.81 and a beta of 0.47. The company has a debt-to-equity ratio of 126.06, a quick ratio of 1.51 and a current ratio of 1.15.

Insider Buying and Selling at Medical Facilities

In other Medical Facilities news, Senior Officer David Nathaniel Tait Watson sold 7,800 shares of the stock in a transaction dated Wednesday, December 18th. The stock was sold at an average price of C$16.31, for a total value of C$127,218.00. Following the completion of the sale, the insider now directly owns 100 shares in the company, valued at approximately C$1,631. This trade represents a 98.73 % decrease in their ownership of the stock. Insiders own 0.43% of the company's stock.

Medical Facilities Company Profile

Medical Facilities Corp owns a diverse portfolio of surgical facilities in the United States. Through its wholly-owned subsidiaries, the company owns controlling interests in four specialty hospitals and six ambulatory surgery centers. The hospitals offer a range of non-emergency surgical, imaging, diagnostic and pain management procedures, and other ancillary services.