Medical Facilities (TSE:DR) Sets New 12-Month High - Should You Buy?

Medical Facilities Co. (TSE:DR - Get Free Report)'s share price reached a new 52-week high on Monday . The company traded as high as C$16.55 and last traded at C$16.01, with a volume of 38534 shares traded. The stock had previously closed at C$15.43.

Wall Street Analyst Weigh In

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

Medical Facilities Stock Up 3.6 %

The business has a 50-day moving average price of C$15.09 and a two-hundred day moving average price of C$13.90. The company has a quick ratio of 1.51, a current ratio of 1.15 and a debt-to-equity ratio of 86.99. The firm has a market cap of C$384.32 million, a PE ratio of 14.03, a price-to-earnings-growth ratio of 3.81 and a beta of 0.47.

Medical Facilities Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were paid a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 2.25%. The ex-dividend date was Friday, September 27th. Medical Facilities's dividend payout ratio is presently 32.73%.

Insider Buying and Selling at Medical Facilities

In other Medical Facilities news, Director Yanick Blanchard sold 100,000 shares of the firm's stock in a transaction on Friday, November 15th. The stock was sold at an average price of C$15.93, for a total value of C$1,593,100.00. 0.43% of the stock is owned by insiders.

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.

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