Medical Facilities (OTCMKTS:MFCSF) Shares Cross Below 50-Day Moving Average – Here’s What Happened

Medical Facilities Co. (OTCMKTS:MFCSFGet Free Report)’s stock price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $10.93 and traded as low as $10.52. Medical Facilities shares last traded at $10.52, with a volume of 100 shares trading hands.

Medical Facilities Trading Down 0.6 %

The company’s 50 day simple moving average is $10.93 and its 200-day simple moving average is $10.28.

Medical Facilities Cuts Dividend

The company also recently announced a dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 1st will be paid a $0.0628 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a yield of 2.34%. Medical Facilities’s payout ratio is currently 110.58%.

Medical Facilities Company Profile

(Get Free Report)

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.

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