Medical Facilities Co. (TSE:DR - Get Free Report)'s share price reached a new 52-week high during trading on Monday . The stock traded as high as C$17.45 and last traded at C$17.16, with a volume of 115864 shares changing hands. The stock had previously closed at C$17.03.
Wall Street Analysts Forecast Growth
Separately, Leede Financial downgraded Medical Facilities from a "strong-buy" rating to a "hold" rating in a research report on Thursday, November 7th.
View Our Latest Stock Analysis on DR
Medical Facilities Stock Performance
The business's 50-day moving average price is C$16.28 and its 200-day moving average price is C$15.11. The company has a debt-to-equity ratio of 126.06, a quick ratio of 1.51 and a current ratio of 1.15. The stock has a market cap of C$287.32 million, a P/E ratio of 11.82, a P/E/G ratio of 3.81 and a beta of 0.47.
Insider Activity
In other news, Senior Officer David Nathaniel Tait Watson sold 7,800 shares of the stock in a transaction on Wednesday, December 18th. The shares were sold at an average price of C$16.31, for a total value of C$127,218.00. Following the sale, the insider now owns 100 shares in the company, valued at C$1,631. This represents a 98.73 % decrease in their ownership of the stock. Corporate insiders own 0.43% of the company's stock.
Medical Facilities Company Profile
(
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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.
Further Reading
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