Medical Facilities Co. (DR.TO) (TSE:DR) Stock Passes Above 200-Day Moving Average of $4.46

Medical Facilities Co. (DR.TO) (TSE:DR)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $4.46 and traded as high as $7.38. Medical Facilities Co. (DR.TO) shares last traded at $7.15, with a volume of 82,408 shares traded.

Several analysts have weighed in on DR shares. Royal Bank of Canada boosted their price objective on Medical Facilities Co. (DR.TO) from C$4.25 to C$6.00 and gave the stock a “sector perform” rating in a report on Friday, November 13th. National Bank Financial raised Medical Facilities Co. (DR.TO) from a “sector perform” rating to an “outperform” rating and upped their price target for the company from C$4.50 to C$6.75 in a research note on Friday, November 13th.

The company has a current ratio of 1.52, a quick ratio of 1.38 and a debt-to-equity ratio of 105.76. The company has a market capitalization of $222.41 million and a P/E ratio of 9.92. The business has a 50 day moving average price of C$5.34 and a 200 day moving average price of C$4.46.

About Medical Facilities Co. (DR.TO) (TSE:DR)

Medical Facilities Corporation, through its subsidiaries, owns and operates specialty surgical hospitals and an ambulatory surgery center in the United States. The company's specialty surgical hospitals provide scheduled surgical, imaging, diagnostic, and other pain management procedures; and other ancillary services, such as urgent care and occupational health.

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