Medical Facilities Co. (TSE:DR) Director Yanick Blanchard Sells 100,000 Shares

Medical Facilities Co. (TSE:DR) Director Yanick Blanchard sold 100,000 shares of the stock in a transaction dated 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.

Medical Facilities Price Performance

TSE DR opened at C$15.94 on Tuesday. The business’s fifty day moving average is C$14.23 and its 200 day moving average is C$13.32. The company has a market capitalization of C$383.36 million, a PE ratio of 14.43, a price-to-earnings-growth ratio of 3.81 and a beta of 0.47. The company has a debt-to-equity ratio of 86.99, a quick ratio of 1.51 and a current ratio of 1.15. Medical Facilities Co. has a fifty-two week low of C$8.31 and a fifty-two week high of C$16.70.

Medical Facilities Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were paid a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 2.26%. The ex-dividend date of this dividend was Friday, September 27th. Medical Facilities’s payout ratio is currently 32.73%.

Analyst Ratings Changes

Several research firms recently commented on DR. Royal Bank of Canada boosted their price objective on shares of Medical Facilities from C$13.00 to C$14.00 and gave the stock a “sector perform” rating in a research note on Wednesday, August 7th. Leede Jones Gable boosted their price target on Medical Facilities from C$15.00 to C$15.50 and gave the stock a “buy” rating in a research report on Wednesday, August 7th. Finally, Leede Financial lowered Medical Facilities from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 7th.

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.