Medical Facilities Co. (TSE:DR) Senior Officer Sells C$127,218.00 in Stock

Medical Facilities Co. (TSE:DR) Senior Officer David Nathaniel Tait Watson sold 7,800 shares of the company’s stock in a transaction on Wednesday, December 18th. The shares were sold at an average price of C$16.31, for a total transaction 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. This trade represents a 98.73 % decrease in their ownership of the stock.

Medical Facilities Stock Performance

Shares of TSE DR traded up C$0.23 during trading on Wednesday, reaching C$16.11. The stock had a trading volume of 42,263 shares, compared to its average volume of 47,324. The firm’s 50 day moving average price is C$15.17 and its two-hundred day moving average price is C$13.96. 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 one year low of C$8.68 and a one year high of C$16.70. The stock has a market cap of C$387.45 million, a PE ratio of 14.65, a P/E/G ratio of 3.81 and a beta of 0.47.

Medical Facilities Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were paid a $0.09 dividend. The ex-dividend date was Friday, September 27th. This represents a $0.36 dividend on an annualized basis and a yield of 2.23%. Medical Facilities’s payout ratio is currently 32.73%.

Analyst Ratings Changes

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

About Medical Facilities

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.