Medical Facilities (TSE:DR) Stock Crosses Above 200-Day Moving Average – What’s Next?

Posted by ABMN Staff on Dec 26th, 2024

Medical Facilities Co. (TSE:DR – Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$14.08 and traded as high as C$15.83. Medical Facilities shares last traded at C$15.71, with a volume of 28,030 shares trading hands.

Wall Street Analyst Weigh In

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

Check Out Our Latest Analysis on DR

Medical Facilities Price Performance

The firm has a market capitalization of C$377.83 million, a P/E ratio of 14.28, a PEG ratio of 3.81 and a beta of 0.47. The company has a debt-to-equity ratio of 86.99, a current ratio of 1.15 and a quick ratio of 1.51. The company’s 50 day moving average price is C$15.31 and its 200 day moving average price is C$14.08.

Insider Buying and Selling at Medical Facilities

In other news, Director Yanick Blanchard sold 100,000 shares of the firm’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of C$15.93, for a total transaction of C$1,593,100.00. Also, Senior Officer David Nathaniel Tait Watson sold 7,800 shares of the firm’s stock in a transaction dated 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 transaction, the insider now owns 100 shares of the company’s stock, valued at C$1,631. The trade was a 98.73 % decrease in their position. Corporate insiders own 0.43% of the company’s stock.

About Medical Facilities

(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.