Medical Facilities (TSE:DR) Stock Price Down 1% – Time to Sell?

Medical Facilities Co. (TSE:DR)’s stock price dropped 1% during trading on Thursday . The stock traded as low as C$15.61 and last traded at C$15.61. Approximately 47,489 shares changed hands during mid-day trading, an increase of 0% from the average daily volume of 47,471 shares. The stock had previously closed at C$15.76.

Analyst Upgrades and Downgrades

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

Medical Facilities Stock Down 1.0 %

The company has a current ratio of 1.15, a quick ratio of 1.51 and a debt-to-equity ratio of 86.99. The company has a 50 day simple moving average of C$15.05 and a two-hundred day simple moving average of C$13.88. The firm has a market capitalization of C$375.42 million, a P/E ratio of 14.19, a P/E/G ratio of 3.81 and a beta of 0.47.

Medical Facilities Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a dividend yield of 2.31%. The ex-dividend date was Friday, September 27th. Medical Facilities’s dividend payout ratio (DPR) 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 business’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. 0.43% of the stock is currently owned by company insiders.

Medical Facilities Company Profile

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.