Medical Facilities Co. (TSE:DR - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$14.31 and traded as high as C$15.87. Medical Facilities shares last traded at C$15.74, with a volume of 22,961 shares trading hands.
Wall Street Analyst Weigh In
Separately, Leede Financial lowered Medical Facilities from a "strong-buy" rating to a "hold" rating in a report on Thursday, November 7th.
Read Our Latest Stock Analysis on Medical Facilities
Medical Facilities Price Performance
The firm has a market capitalization of C$378.55 million, a PE ratio of 14.31, a price-to-earnings-growth ratio of 3.81 and a beta of 0.47. The stock's 50 day simple moving average is C$15.54 and its two-hundred day simple moving average is C$14.31. The company has a debt-to-equity ratio of 86.99, a quick ratio of 1.51 and a current ratio of 1.15.
Insider Activity at Medical Facilities
In other news, Senior Officer David Nathaniel Tait Watson sold 7,800 shares of the stock in a transaction that occurred 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 completion of the sale, the insider now owns 100 shares of the company's stock, valued at C$1,631. This represents a 98.73 % decrease in their position. Also, Director Yanick Blanchard sold 100,000 shares of the firm's stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of C$15.93, for a total transaction of C$1,593,100.00. Insiders own 0.43% of the company's stock.
Medical Facilities Company Profile
(
Get Free Report)
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
Before you consider Medical Facilities, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Medical Facilities wasn't on the list.
While Medical Facilities currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
