Mediclinic International (LON:MDC) Stock Crosses Above 50-Day Moving Average – What’s Next?

Shares of Mediclinic International plc (LON:MDC) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 501 ($6.36) and traded as high as GBX 501 ($6.36). Mediclinic International shares last traded at GBX 501 ($6.36), with a volume of 925,841 shares trading hands.

Mediclinic International Stock Performance

The stock has a market capitalization of £3.69 billion, a PE ratio of 2,178.26 and a beta of 0.42. The company has a debt-to-equity ratio of 78.38, a quick ratio of 1.38 and a current ratio of 1.49. The firm’s 50 day moving average is GBX 501 and its two-hundred day moving average is GBX 501.

About Mediclinic International

Mediclinic International plc, together with its subsidiaries, operates private hospitals. The company offers specialist-orientated and multidisciplinary healthcare services under the Mediclinic and Hirslanden brand names. It operates 74 hospitals, 20 day case clinics, 22 outpatient clinics, 5 subacute hospitals, 2 mental health facilities, and 453 theatres with approximately 11,538 inpatient beds in Switzerland, South Africa, Namibia, the Middle East, and the United Kingdom.